1807 FRANKLIN AVE
About This Property
Here's your opportunity to own this exquisite, custom-designed luxury residence. Every aspect of this home exudes upscale quality, from the meticulously crafted materials to the intricate details found in every corner. Each element, including the cabinets, doors, flooring, marble tiles, and windows, has been specially curated to ensure the highest standards of excellence. The lighting fixtures and appliance selections are unparalleled, adding a touch of elegance to stylish living. The custom-designed kitchen, featuring a timeless Roman-style design and a marble-like center island, is a focal point of timeless sophistication.
Every closet in this home is tailored with the utmost attention to detail, reminiscent of a luxury boutique. With 6,416 square feet of thoughtfully planned living space, this home offers a warm and inviting atmosphere. Nestled in the desirable Chesterbrook neighborhood, this property boasts proximity to excellent schools and easy access to commuting routes leading to Washington D.C., Tysons, and major highways.
Make this sophisticated, tailor-designed architecture your own and experience the epitome of luxury living.
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Coming up :
Driveway will be widened by a foot, the second tier of the asphalt will be applied when the weather gets warmer.
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Property Warranty:
1. Structural Warranty: 10 years
2. JennAir appliances: 2 years
3. Fireplace: 1 year+ based on different parts, see warranty manual
4. Garage door: 3 years+ based on different parts, see warranty manual
5. Pella window: manufacturer warranty
6. HVAC: 10 year manufacturer warranty
7. Water heater: 6 year manufacturer warranty
8. Lift master garage door opener: manufacturer warranty
9. Zephyr ventilation: manufacturing warranty
10. Zephyr wine cooler: two year manufacturing warranty
11. One year builders craftsmanship & flooring installation warranty.
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Cap Rate Calculator
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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Price Decreased |
$2,498,000
↓ $97K
(3.7%) | |
| Price Decreased | |||
| Feb 27, 2024 | Relisted | $2,595,000 | |
| Relisted | |||
| Feb 21, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017