18 Franklin 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 |
|---|---|---|---|
| Dec 1, 2025 | Sold | ||
| Sold | |||
| Oct 21, 2025 | In contract | - | |
| In contract | |||
| Oct 15, 2025 | Listed by Leading Edge Real Estate | $689,000 | |
| Listed by Leading Edge Real Estate | |||
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Welcome home to this delightful 3–4 bedroom Colonial ideally located just minutes from downtown Wakefield, the commuter rail, and scenic Lake Quannapowitt. Brimming with old-world charm yet thoughtfully updated for modern living, this home features gleaming hardwood floors throughout, an updated kitchen, and newer electrical, heating, and windows. Enjoy the inviting enclosed front porch—a perfect spot to relax with your morning coffee—and a newer deck overlooking the private, easy-to-maintain backyard. With dual driveways for convenient parking and a flexible floor plan offering space for a home office or fourth bedroom, this home blends character, comfort, and convenience in one of Wakefield’desirable locations.
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| Nov 15, 2019 | Sold | ||
| Sold | |||
| Aug 23, 2019 | Listed by Boardwalk Real Estate | $469,900 | |
| Listed by Boardwalk Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017