11 Franklin Road
About This Property
Inside, you'll find hardwood flooring throughout, adding warmth and character to the home. The large kitchen provides plenty of space for dining, making it ideal for casual meals or gatherings. Just off the kitchen is a three-season room, featuring a wood-burning stove that can heat the entire house during chilly days and nights. Upstairs, the three generously sized bedrooms feature ample closet space and ceiling fans. Downstairs is where you will find the laundry area and direct access to a large one car garage. This home is conveniently located near shopping and restaurants. While this home may need some updating, it has solid bones with tons of potential, ready to be personalized to suit your style and needs. Don't miss this fantastic opportunity!
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 16, 2025 | Sold | ||
| Sold | |||
| Mar 4, 2025 | In contract | - | |
| In contract | |||
| Feb 12, 2025 | Relisted | $325,000 | |
| Relisted | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
| Jan 23, 2025 | Listed by RE/MAX Town & Country | $325,000 | |
| Listed by RE/MAX Town & Country | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017