1524 Franklin Avenue
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 |
|---|---|---|---|
| Aug 26, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jun 2, 2025 | Price Decreased |
$279,999
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Jan 23, 2025 | Listed by Keller Williams North Valley | $289,999 | |
| Listed by Keller Williams North Valley | |||
| | |||
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Welcome to 1524 Franklin Avenue, a cozy and inviting 2-bedroom, 1-bath home nestled in Rosamond, CA. Offering 746 square feet of living space on a generous 6,281 square foot lot, this property is perfect for first-time homebuyers or anyone looking to expand their real estate portfolio.
Inside, you'll find a bright and comfortable living area featuring brand-new vinyl plank flooring and plenty of natural light. The kitchen is both stylish and functional, boasting stainless steel appliances, upgraded cabinetry, and ample counter space with durable tile flooring. Adjacent to the kitchen is a dedicated laundry room equipped for an electric washer and dryer, adding to the home’s practicality.
Both bedrooms are well-sized and filled with natural light, each equipped with ceiling fans for added comfort. The bathroom is neatly appointed with tile flooring, a single vanity, and a tub/shower combo.
The spacious backyard is a standout feature, offering ample room for parking RVs, cars, or recreational toys. Complete with a carport and workshop, it’s a versatile space ready to meet your needs. There's also plenty of room for gardening, outdoor activities, or future enhancements to create your dream outdoor retreat.
Conveniently located just 20 miles from Edwards Air Force Base/Rosamond/Mojave, this home combines comfort, functionality, and excellent accessibility to local amenities and schools.
Don’t miss the opportunity to make 1524 Franklin Avenue your new home. Schedule a visit today and see all it has to offer!
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| Oct 2, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017