23 Franklin St
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 17, 2025 | Sold | ||
| Sold | |||
| Oct 17, 2025 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Listed by Pena Realty Corporation | $375,000 | |
| Listed by Pena Realty Corporation | |||
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Come see this adorable 4-room home located in Lynn, MA.This home features a spacious eat-in kitchen, 2 bedrooms, living room, and bathroom. Gas heat. There is ample parking, and a good sized yard perfect for outdoor enjoyment.Just minutes from the beach, this home is ideally situated on the bus line, close to the train station, and near downtown shopping, dining, and entertainment. Whether you're a commuter or someone who loves to stay local, this home offers the best of both worlds.Don't miss your chance to enjoy all that the area has to offer—schedule your visit today
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| Aug 5, 2022 | Sold | ||
| Sold | |||
| Jun 1, 2022 | Listed by Toner Real Estate, LLC | $319,900 | |
| Listed by Toner Real Estate, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017