1
Map
2 Franklin Plc
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 |
|---|---|---|---|
| Jan 28, 2011 | Sold | ||
| Sold | |||
| Dec 9, 2009 | Listed by Greater Boston Real Estate Services, LLC | $194,900 | |
| Listed by Greater Boston Real Estate Services, LLC | |||
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Fenced in corner lot in a convenient location, walking distance to the beach, to the blue line train station and easy access to R1A. Within close proximity to Logan airport and downtown Boston. The house is in good condition, has a good size yard, off street parking for 4 cars, and additional rooms in the lower level. The house is being sold in "as is" condition. Short sale subject to the seller's lender approval.
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| Aug 24, 2006 | Sold | ||
| Sold | |||
| Jun 28, 2006 | Listed | $347,871 | |
| Listed | |||
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