206 Franklin Street
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 30, 2026 | Sold | ||
| Sold | |||
| Dec 18, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Listed by Hillman Homes | $2,495,000 | |
| Listed by Hillman Homes | |||
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Welcome to 206 Franklin St - a timeless Victorian beauty, where history meets modern luxury on a rare half acre corner parcel in Newton Corner. Built in 1890 and re-imagined for the 21st Century, step inside and find an elegant, sun-drenched 4,500 SF home complete with classic designs and modern finishes including a grand hallway, living room, den, spacious dining room, butler's pantry and 4 fireplaces.The bespoke chef's kitchen is a culinary showstopper, anchored by a gleaming granite island, custom cabinetry and everything you need to cook, gather and celebrate.The 3rd floor master suite is a private retreat beneath cathedral, skylit ceilings, complete with fireplace, sitting area, private balcony, and a spa-worthy bathroom. On the 2nd floor are four more bedrooms and two and a half beautifully designed baths providing room for all. Get ready to enjoy the outdoors with a massive covered front porch and fenced in backyard. Ample parking for 6+ cars with garage and two driveways.
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| Nov 7, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Oct 2, 2025 | Price Decreased |
$2,800,000
↓ $199K
(6.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017