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14 Frances Drive
About This Property
The welcoming first floor features a warm and inviting living room with a wood-burning fireplace, wide board, heartwood pine floors as seen, a formal dining room ideal for gatherings, and a bright kitchen. A versatile room on this level provides flexibility as a home office, den, or additional bedroom, perfectly suited for today's lifestyle.
Upstairs, the home offers a spacious primary bedroom, an additional bedroom, and a full bath.
The bright walk-out lower level provides exceptional bonus space ready to be transformed into a recreation room, home gym, media room, or whatever best suits your needs. There is a generator on exterior which will be staying.
Step outside from the kitchen onto the deck overlooking the expansive, level backyard-an idyllic setting for entertaining, outdoor play, or quiet relaxation while enjoying the beauty and privacy of the surrounding landscape.
This special property presents a wonderful opportunity to enjoy classic living in a peaceful setting while remaining close to everything.
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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 15, 2026 | Sold | ||
| Sold | |||
| Mar 26, 2026 | In contract | - | |
| In contract | |||
| Mar 18, 2026 | Listed by Houlihan Lawrence Inc. | $750,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017