1555 Franceschi
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 |
|---|---|---|---|
| Nov 27, 2021 | No longer available | - | |
| No longer available | |||
| Oct 13, 2021 | In contract | - | |
| In contract | |||
| Sep 29, 2021 | Listed by eXp Realty of California Inc | $710,000 | |
| Listed by eXp Realty of California Inc | |||
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Stunning 3BR, 2.5 BATH Home in the Beautiful Village of Montecito! Newer Built in 2016 with LOW HOA & MELLO-ROOS! Enjoy the Spacious backyard in the cool summer days. Enter on the 1st floor to your updated kitchen & hardwood floors. Go Upstairs where you'll find all three bedrooms, Loft or office area, Oversized Master Bedroom with large bathroom and walk-in closet. Take Advantage of Amenities in the community like Tennis Courts, Bocce Ball, Recreation rooms and Community Pool! This is a true Gem, won't be in the market for long! The manager has listed the unit size as 1609 square feet.
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| May 19, 2021 | No longer available | - | |
| No longer available | |||
| May 4, 2021 | Listed | $699,999 | |
| Listed | |||
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Stunning 3BR, 2.5 BATH Home in the Beautiful Village of Montecito! Newer Built in 2016 with LOW HOA & MELLO-ROOS! Enjoy the Spacious backyard in the cool summer days. Enter on the 1st floor to your updated kitchen & hardwood floors. Go Upstairs where you'll find all three bedrooms, Loft or office area, Oversized Master Bedroom with large bathroom and walk-in closet. Take Advantage of Amenities in the community like Tennis Courts, Bocce Ball, Recreation rooms and Community Pool! This is a true Gem, won't be in the market for long! The manager has listed the unit size as 1609 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017