2 Franko Lane
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 21, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | In contract | - | |
| In contract | |||
| Feb 8, 2025 | Relisted | $545,000 | |
| Relisted | |||
| Feb 1, 2025 | In contract | - | |
| In contract | |||
| Jan 12, 2025 | Listed by Compass Greater NY LLC | $769,990 | |
| Listed by Compass Greater NY LLC | |||
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Totally Renovated 4br 3bth large Hi-ranch in Desirable Setauket Gables, Beautiful neighborhood.
Great for extended family or could be Mother/Daughter with proper permits, Gorgeous open Layout, Central Air Conditioning, Great room with Fireplace, 3 New Bathrooms, Totally updated kitchen with farm sink, quarts Counters, Large L shape Island Kitchen Island, This home is in Beautiful condition with attention to detail, .41 of an acre fully PVC fenced (all 4 sides), Cleared level backyard with deck and paver patio, 2 car garage and much more , wont last must see!!
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About Setauket-East Setauket
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017