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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 17, 2025 | Sold | ||
| Sold | |||
| Aug 5, 2025 | In contract | - | |
| In contract | |||
| Jun 11, 2025 | Listed by Exit Realty Team | $820,000 | |
| Listed by Exit Realty Team | |||
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Huge Cape just hit the market! Hugh 4-bedroom, 2 full-bath home sits on a generous 60x100 corner lot with attractive brick and stone facing and desirable East exposure. Enjoy an open-concept kitchen filled with natural light, hardwood floors throughout, and 5 ductless A/C units. The home features gas and steam heating, washer & dryer, high ceilings on every level, and a finished basement with high ceilings — perfect for extra living space. The first floor offers 2 bedrooms and 1 full bath; the second floor has 2 additional bedrooms and 1 full bath. A large driveway easily fits 4+ cars. Freshly painted with tons of potential. Near schools, shops, public transportation, and all.
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| Jun 22, 2017 | Sold | ||
| Sold | |||
| Apr 11, 2016 | Listed by Winzone Realty Inc | $499,000 | |
| Listed by Winzone Realty Inc | |||
Property Highlights
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About Franklin Square
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017