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24 Commonwealth Street
About This Property
Welcome to this charming Tudor-style colonial in the heart of Franklin Square!!
This well maintained 3 bedroom, 2 bath home features beautiful original wood floors, new siding, and an updated kitchen that opens seamlessley to the dining room and living room-perfect for everyday living and entertaining.
The second floor offers 2 spacious bedrooms and a 3rd bedroom/office, a full bath, with an additional full bath conveniently located on the first floor. A full basement provides ample storage or potential additional space.
Enjoy a private yard, long driveway, and a detached garage. A wonderful opportunity to own a classic home with modern updates! A perfect starter home...
John Street elementary school and H Frank Carey High School!!!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 31, 2026 | Sold | ||
| Sold | |||
| Jul 16, 2026 | In contract | - | |
| In contract | |||
| Jul 3, 2026 | Price Decreased |
$699,999
↓ $49K
(6.5%) | |
| Price Decreased | |||
| Jun 25, 2026 | Price Decreased |
$748,500
↓ $51K
(6.3%) | |
| Price Decreased | |||
| Jun 4, 2026 | Listed by Signature Premier Properties | $799,000 | |
| Listed by Signature Premier Properties | |||
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About Franklin Square
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017