12 Frances Drive
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 |
|---|---|---|---|
| Sep 21, 2018 | Sold | ||
| Sold | |||
| Aug 25, 2018 | No longer available | - | |
| No longer available | |||
| Aug 21, 2018 | Listed | $275,000 | |
| Listed | |||
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You don't want to miss out on this cute Cape Cod nestled on a quaint street in colonial Freehold. This home has been lovingly maintained by 1 family for the past 40+ years but now they are ready to move on. The charm of this home is endless; beginning with the gorgeous gardens out front offering tons of curb appeal. Then, from the moment you enter the door the warmth envelopes you. The 1st floor has 2 bedrooms & 1 full bath while the 2nd floor is comprised only of a master suite. In addition to the bedroom & full bath upstairs there is also another room perfect for a nursery/office/walk-in closet. The finished basement with bar is great for entertaining. Plus there is also a laundry/utility room. The private backyard w/deck, awaiting your touches, is the perfect ending to this lovely home.
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| Aug 2, 2018 | Listed by Keller Williams Realty Monmouth/Ocean | $275,000 | |
| Listed by Keller Williams Realty Monmouth/Ocean | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017