12 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 |
|---|---|---|---|
| Jan 6, 2022 | Sold | ||
| Sold | |||
| Nov 11, 2021 | Sold | ||
| Sold | |||
| Sep 30, 2021 | In contract | - | |
| In contract | |||
| Sep 2, 2021 | Listed by Exp Realty | $300,000 | |
| Listed by Exp Realty | |||
| | |||
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Completely gutted and renovated 2 story,, modern open concept home 2 be completed in 2 weeks. New roof, new plumbing, new electrical. Features include but not limited master with bath and 2 walk in closets for him and her, eat in kitchen with Stainless steel appliances, central air, deck, covered porch, extended black top in back yard for additional parking... too much to list. Must be accompanied by a licensed agent, please don't approach the home.
| |||
| Aug 19, 2021 | Listed by Exp Realty | $300,000 | |
| Listed by Exp Realty | |||
Property Highlights
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About Middletown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017