118 Franklin Street
About This Property
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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 |
|---|---|---|---|
| Oct 10, 2024 | Sold | ||
| Sold | |||
| Sep 16, 2024 | In contract | - | |
| In contract | |||
| Sep 10, 2024 | Listed by Deruseau Real Estate | $419,900 | |
| Listed by Deruseau Real Estate | |||
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Recently remodeled 3 bedroom Ranch located on Franklin street offers privacy and convivence to major routes. The Sunny kitchen offers a breakfast bar, newer appliances, pellet stove and a sliding glass door leading to covered deck to extend your living space outside. Perfect for outdoor entertaining with two decks, firepit and above ground pool, all overlooking a private fenced yard. Newer windows. Harwood and tile floors through out. Plenty of storage in an oversized detached garage and shed with a separate paved driveway, adding for plenty of parking. Just painted throughout and ready for you to discover the comfort of one level living ,All enhanced by the beauty of Mother Nature.
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| Jul 24, 2006 | Sold | ||
| Sold | |||
| Jun 12, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017