22105 Franklin
About This Property
The property features beautiful mature trees, and a covered patio overlooking an in-ground pool with a waterfall and sundeck entry. There is a 40' x 48' barn for all your equipment or toys, a stocked Pond, and 2 working water wells. Both refrigerators stay with the house. Don't miss the list of extras in the listing Documents. PROPERTY IS WILDLIFE AG EXEMPT for BIRDS. NO PORTION OF THIS PROPERTY IS IN THE FLOODPLAIN!
Excluded is the portable building/ storage room.
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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 |
|---|---|---|---|
| Dec 9, 2024 | Sold | ||
| Sold | |||
| Jun 7, 2024 | Listed by Crystal Fife Realty, LLC | $725,000 | |
| Listed by Crystal Fife Realty, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017