2 Franklin Avenue
About This Property
Set high and private at the end of a quiet leafy cul-de-sac, it's a delightful retreat that's
convenient to everything! Stroll to the prized Osborn Elementary in minutes and enjoy a short
walk to Rye Middle & High School, Harrison Train, Rye Golf & Pool. Every inch of this 2,098 sq ft
home is fresh, stylish, and oh so livable with hardwood floors and crisp white walls. Enjoy a
wonderfully open-plan family room and new gourmet kitchen with oversized quartz island,
premier appliances including Bertazzoni oven, and an easy flow out to a large sundeck for
alfresco entertaining. Sunlit primary with ensuite plus three more bright beds and full bath on
the upper level and on the lower level, 5th bed, full bath, fabulous playroom with fireplace and
French doors to the patio and access to 2-car garage. Perfect layout for an au-pair or in-laws! New elevator installed in 2022, birch paneled walls with 950lb capacity. Close to Playland Parkway walking &
biking path that leads direct to the beach for summer fun! Additional Information: ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Aug 21, 2024 | Sold | ||
| Sold | |||
| Jul 15, 2024 | In contract | - | |
| In contract | |||
| Jul 12, 2024 | Listed by Compass Greater NY, LLC | $1,495,000 | |
| Listed by Compass Greater NY, LLC | |||
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An idyllic and beautifully updated home in the beloved Rye Gardens hamlet. Set high and private at the end of a quiet leafy cul-de-sac, it's a delightful retreat that's convenient to everything! Stroll to the prized Osborn Elementary in minutes and enjoy a short walk to Rye Middle & High School, Harrison Train, Rye Golf & Pool. Every inch of this 2,098 sq ft home is fresh, stylish, and oh so livable with hardwood floors and crisp white walls. Enjoy a wonderfully open-plan family room and new gourmet kitchen with oversized quartz island, premier appliances including Bertazzoni oven, and an easy flow out to a large sundeck for alfresco entertaining. Sunlit primary with ensuite plus three more bright beds and full bath on the upper level and on the lower level, 5th bed, full bath, fabulous playroom with fireplace and French doors to the patio and access to 2-car garage. Perfect layout for an au-pair or in-laws! New elevator installed in 2022, birch paneled walls with 950lb capacity. Close to Playland Parkway walking & biking path that leads direct to the beach for summer fun!
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| Oct 29, 2014 | Sold | ||
| Sold | |||
| Apr 11, 2014 | Listed by Coldwell Banker Res Brokerage | $1,350,000 | |
| Listed by Coldwell Banker Res Brokerage | |||
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Perfect quiet cul-de-sac location in sought after Rye Gardens. This immaculate, light-filled 5 bedroom, 3 bath home is perfect for entertaining as well as satisfying the needs of today's modern family. The gracious living room and dining room have wonderful light and opens onto the expansive private deck, while the finished family room on the lower level opens to an oversized stone patio and private back yard. Enjoy the convenience of an attached two car garage, loads of storage, and a bonus wine cellar (shelving and equipment negotiable)! This pristine and updated family home with the warmth of hardwood floors throughout is awaiting your arrival. Simply unpack and enjoy all Rye has to offer including an abundance of Parks and Recreation along Long Island Sound, Oakland Beach, and the Rye Golf and Pool only steps away. Taxes do not reflect Star deduction of $1028. Additional Information: ParkingFeatures:2 Car Attached,
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017