156 Franklin Street
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 |
|---|---|---|---|
| Feb 1, 2010 | Listed | $188,000 | |
| Listed | |||
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Charming Colonial with extensive renovations, ready for occupancy. Gleaming hard wood floors, new windows/new roof/freshly painted interior/cozy breakfast nook/spacious kitchen/new stainless steel appliances/2 porches composite decks/ Conveniently located near Westfield State, Stanley Park, Mass Turnpike,Wonderful Downtown Amenities, Shopping Centers and so much more.
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| Mar 31, 2009 | Sold | ||
| Sold | |||
| May 12, 2008 | Listed | $119,900 | |
| Listed | |||
| Sep 27, 2002 | Sold | ||
| Sold | |||
| Jul 26, 2002 | Listed | $129,900 | |
| Listed | |||
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