1320 Franklin Parkway
About This Property
MOVE RIGHT IN ! Picture perfect turn key home set on a quiet street in Wanamassa. Enter through the inviting enclosed front porch with flagstone floor.
Fantastic open floor plan ideal for casual living and entertaining alike. Crisp white kitchen with center island, granite counters and SS appliances. Opens to outside covered patio. All hardwood floors throughout first floor, 2 Bedrooms plus renovated bath with water fall shower. Second level has 2 additional bedrooms, storage closet and renovated full bath. Full basement offers ample storage.
Windows, furnace, hot water heater, and roof all replaced in last 6 years.
Close proximity to all modes of transportation, great beaches, Asbury nightlife, restaurants and shopping.
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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 |
|---|---|---|---|
| Mar 30, 2022 | Sold | ||
| Sold | |||
| Feb 15, 2022 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Ocean | $549,000 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Ocean | |||
| Nov 24, 2015 | Sold | ||
| Sold | |||
| Jul 27, 2015 | Listed by Gloria Nilson & Co. Real Estate | $235,000 | |
| Listed by Gloria Nilson & Co. Real Estate | |||
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Great opportunity to own 4 to 5 bedroom, 2 bath cape-cod in Wanamassa section of Ocean Township. Great for the first time home buyer or investor to update and make this your own!!!! Wonderful location!! Close to schools, transportation and beaches.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017