1247 Franklin Quail Place
About This Property
Inside, discover a versatile floor plan featuring 4 bedrooms, or 3 bedrooms plus a spacious office, accommodating any lifestyle with ease. The open layout invites seamless flow between living spaces, enhanced by abundant natural light streaming through every corner, creating an inviting atmosphere throughout.
Enjoy the convenience of xeriscape landscaping on this corner lot, offering low-maintenance beauty and environmental sustainability. Additional features include a tankless water heater for endless hot water, a double car garage for ample storage and the pride of ownership evident in every detail.
Experience the epitome of modern luxury living in this desirable home, where every amenity and comfort awaits. Don't miss the opportunity to make this Franklin Hills gem your own!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017