246 Franklin Avenue
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 |
|---|---|---|---|
| Jan 5, 2024 | Sold | ||
| Sold | |||
| Dec 3, 2023 | Listed by Network Property Managment LLC | $324,900 | |
| Listed by Network Property Managment LLC | |||
| Dec 13, 2019 | No longer available | - | |
| No longer available | |||
| Oct 16, 2019 | Price Decreased |
$192,000
↓ $8K
(4%) | |
| Price Decreased | |||
| Sep 22, 2019 | Listed | $199,900 | |
| Listed | |||
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SELLER SAID, "MAKE AN OFFER!!" Beautiful tri-level home that's nestled on a tree-lined lot near downtown Frankfort, shopping & dining! This wonderful home that's in need of a few finishing touches features: Vaulted, sun-filled living room with bay window & hardwood flooring; Vaulted kitchen with oak cabinets & wood laminate flooring; 3 bedrooms; Updated bath; Large, walk-out lower level family room with storage closet; 2 car detached garage; Newer roof & windows! Sold as is. Desirable Frankfort 157C elementary school district & Lincolnway East High School!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017