1251 Franklin Jay Lane
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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 |
|---|---|---|---|
| Dec 6, 2017 | Sold | ||
| Sold | |||
| Sep 8, 2017 | Listed by Sandy Messer And Associates | $424,900 | |
| Listed by Sandy Messer And Associates | |||
| Aug 24, 2011 | Sold | ||
| Sold | |||
| Aug 8, 2011 | Listed by Sandy Messer And Associates | $457,000 | |
| Listed by Sandy Messer And Associates | |||
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-A Showcase `Modern Dream Home` Custom Built that Shows Like a Model Home. Beautifully designed with designer upgrades including tile flooring throughout first floor, hardwood stairs and loft landing, elegant formals, family room with wall of built-ins, fabulous kitchen with oversized granite island & GE Monogram fridge, extra spacious breakfast area. All bedrooms are spacious with great closet space & luxury baths.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017