1348 Franklin Wind Place
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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 |
|---|---|---|---|
| Aug 21, 2025 | Sold | ||
| Sold | |||
| Jul 13, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Listed by eXp Realty LLC | $1,550,000 | |
| Listed by eXp Realty LLC | |||
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You've never seen a lot like this in Franklin Hills. Nearly 1.5 acres off of a quiet cul-de-sac leaves nothing wanting for the active luxury lifestyle. Lighted 90'x135' tuff field, half basketball court w/ custom tiles, heavy-duty adjustable hoop, PLUS an over 2000 square foot outbuilding for your ultimate home gym or climate-controlled hobby space. Want to relax? Cool off in the pristine infinity pool. Snuggle up next to one of two fire pits, take a nap in a hammock next to the zen of the koi pond. Soak in the hot tub, while listening to another relaxing waterfall. Large outdoor covered patio and built in grill. Mature landscaping, pomegranate trees, a peach orchard, and grow boxes all on an automatic sprinkler system. Gourmet kitchen with Sub-Zero and built-in GE Monogram appliances, two level oversized granite countertop and island. Spacious, zoned primary bedroom w/double walk-in closets. bathroom w/Jacuzzi tub, double sinks and walk in double shower. Massive 54 panel solar system with 2 inverters.
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| Nov 3, 2017 | Sold | ||
| Sold | |||
| Apr 4, 2017 | Listed by Congress Realty | $775,000 | |
| Listed by Congress Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017