2618 Franklin Drive
About This Property
Designed with flexibility in mind, the floor plan includes a private study with elegant French doors and a separate formal dining room for hosting gatherings. The spacious family room showcases soaring ceilings and a charming decorative gas log fireplace, creating a warm and welcoming atmosphere.
Upstairs, the generous primary suite serves as a relaxing retreat, complete with a sitting area and a luxurious en-suite bathroom offering dual vanities, a garden tub, and a separate shower. Three additional bedrooms and an oversized game room provide plenty of space for family and guests.
Outdoors, enjoy a private backyard with a covered patio-perfect for relaxing or entertaining. Located in The Columns in Celina, this home also provides access to fantastic community amenities, including a pool, playgrounds, walking trails, a scenic lake, and open green spaces. Move-in ready and ready to impress.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017