1388 Francie Way
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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%.
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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 |
|---|---|---|---|
| Jun 16, 2021 | Sold | ||
| Sold | |||
| May 20, 2021 | Listed by Keller Williams Realty Allen | $1,075,000 | |
| Listed by Keller Williams Realty Allen | |||
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*Multiple offers received.* Requesting Highest and Best by Sunday 9pm. The study is located privately at the front of the home, and Guest Suite can also be found on the first floor. The backyard is spectacular! It features an oversized outdoor living area with a 36in Lynx built-in grill, and commercial outdoor fridge and freezer! The gorgeous pool has a large tanning ledge, water features, and private spa. The pool is still under full warranty for a year! The home also has a large covered patio that is perfect for entertaining. The master bedroom and bath are separated by a dramatic rotunda. Upstairs, there are three bedrooms with their own bathrooms, plus a sizable game room and media room.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017