2 Franklin Cir
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 |
|---|---|---|---|
| Apr 29, 2011 | Sold | ||
| Sold | |||
| Nov 19, 2010 | Listed | $250,000 | |
| Listed | |||
| Mar 31, 2010 | Listed | $250,000 | |
| Listed | |||
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This 3-bedroom ranch has been completely updated inside with hardwood floors in the family room and each bedroom. New kitchen features include tile floors, granite counters, new cabinetry and appliances. Large wrap around deck overlooks a generous fenced in flat back yard that boasts a separately fenced heated in-ground pool. Lower level walks out making it a great space to finish allowing for expansion. Newer roof, large 30x20 structure is great for cars, storage and perfect for the contractor.
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| May 31, 2007 | Sold | ||
| Sold | |||
| Dec 29, 2006 | Listed | $260,000 | |
| Listed | |||
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Address: 335 Madison Avenue, New York, NY 10017