175 N 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 |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| Apr 29, 2025 | In contract | - | |
| In contract | |||
| Apr 18, 2025 | Listed by Howard Hanna Rand Realty | $850,000 | |
| Listed by Howard Hanna Rand Realty | |||
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Once you have seen 175 N Franklin, a timeless 1912 Colonial tucked away on a quiet, hidden stretch of one of Nyack's most charming streets — you will not be able to forget it. This home offers an incredible opportunity for those who want to be in Nyack and be able to walk to it all. Beautifully renovated and maintained, the flexible floor plan allows you to tailor this home to your lifestyle. Features include tastefully crafted built-ins, thick moldings, hardwood floors, French doors, walls of windows, all bathed in southeastern light. The open concept kitchen has stone counters, stainless appliances and a bay window perfect for curating fresh spices. The broad, spacious backyard is ideal for gardening, sports and entertaining. Whether you are hosting friends or enjoying a quiet morning coffee, the deep front porch is the perfect place to be. This versatile home offers you the choice of creating either a first floor primary ensuite bedroom, a family room or making a second floor primary bedroom. It also offers the option to live in the main part of this home, and use the ground level with its separate entrance as a potential Airbnb or keep it all for yourself and utilize the 429 additional sq feet of the lower level as a guest suite, playroom, gym or a home office space. Walk to Upper Nyack Elementary, Memorial and Depot Parks. Close to River Hook and Hook Mountain State Park. This is the kind of home that doesn't come around often — full of character and perfectly placed for enjoying all that Nyack has to offer.
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| Jun 6, 2019 | Listed by Wright Bros Real Estate Inc. | $639,000 | |
| Listed by Wright Bros Real Estate Inc. | |||
| Feb 17, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017