21 Franklin Drive
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 |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Jan 21, 2024 | In contract | - | |
| In contract | |||
| Jan 15, 2024 | Listed by Daniel Gale Sothebys Intl Rlty | $424,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Attention Buyers and Investors! DO NOT MISS THIS OPPORTUNITY...GOING FAST. Perfect Opportunity to Purchase 3 Bedroom, 1-1/2 Bath Brick Ranch Home in Smithtown. Being Sold AS IS. Buyers, Put Your Own Touch on This Home. Updates Over the Last Few Years Include Vinyl Replacement Windows, Roof, Whole-House Generator, Gas Boiler and Stand-Alone Gas Water Heater, Garage Door and Opener. Oversized Corner Lot with Privacy Landscaping, Rear Patio and Plenty of Grass Area. One Car Garage and Extra-Wide Paver Driveway. Proof of Funds or Mortgage Preapproval Required with Offer. DO NOT HESITATE AS THIS WILL GO FAST.
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Property Highlights
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About St. James
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017