1262 Franklin Jay Lane
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 |
|---|---|---|---|
| May 1, 2026 | No longer available | - | |
| No longer available | |||
| Nov 1, 2025 | Relisted | $655,000 | |
| Relisted | |||
| Oct 29, 2025 | In contract | - | |
| In contract | |||
| Sep 18, 2025 | Listed by ERA Sellers & Buyers Real Esta | $655,000 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
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Stunning single story home nestled at the peak of a quiet cul de sac at the highly coveted Franklin Hills neighborhood. The ample court yard welcomes you to this 4 bedroom home. The Master Suite zoned has a jetted tub, snail shower and a large walk-in-closet. With it's massive backyard, there is plenty of room to expand on it's almost half an acre lot with the sought after low maintenance covered patio, xeriscaping and custom turf with fall zones for added safety.
Includes top of the line features throughout it's spacious floor plan with double-height ceilings providing rooms with soaring' open space and striking natural light, ideal for relaxing and entertaining. Plantation shutters, travertine floor (no carpet), custom kitchen, large pantry, granite counter tops, SS Appliances including double oven, cooktop, dishwasher and wine fridge. Stone Fireplace and double pane windows throughout the home. Extra large driveway and a 3 car Garage with extra room for storage.
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| Jun 14, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017