140 Summer St
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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| May 3, 2024 | Listed by RE/MAX Executive Realty | $550,000 | |
| Listed by RE/MAX Executive Realty | |||
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Just outside the heart of Downtown Franklin! After enjoying the coziness of the screened in front porch, you’ll be admiring the rich hardwood flooring that carries throughout the 1st & 2nd floor of this 3 bed, 1 1/2-bath home. The entire 1st level was brought to the studs & beautifully renovated in 2015. Work from home in the beautiful front room of windows that connects to the expansive gas fireplace family room. A formal dining room is ready for holiday dinners that will be cooked in the gorgeous custom-built kitchen. The remodeled baths are stunning, and the lower level is also partially finished w/3 more rooms. The property boasts a 2-car detached garage, storage shed, wood deck, stamped concrete patio area & an awesome back yard! Additional updates include, 2001 Converted to Gas heating, 200-amp electrical service, updated plumbing, 2 zone irrigation, Harvey vinyl windows 2001, Roof 2008, New water heater will be installed prior to closing. Town water, town sewer, natural gas!
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| Jun 25, 1991 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017