215 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 |
|---|---|---|---|
| Nov 24, 2010 | Sold | ||
| Sold | |||
| Oct 21, 2010 | Listed by EXIT Realty Beatrice Associates | $269,900 | |
| Listed by EXIT Realty Beatrice Associates | |||
| | |||
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Beautiful 2+ acre lot in desirable section of town. Previously had single family home on lot, now vacant land. The house sat back deep from the road, very peaceful & private. It's a special piece of land... a rare find in this area! Some building restrictions apply. This is a Fannie Mae owned property. Fannie Mae Real Estate Purchase Addendum must be completed and made part of any offer. All offers will be submitted to Fannie Mae on November 8th. Don't Miss Out On This Opportunity!
| |||
| Jul 25, 2006 | Sold | ||
| Sold | |||
| May 3, 2006 | Listed | $499,900 | |
| Listed | |||
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Address: 335 Madison Avenue, New York, NY 10017