2820 FRANKLIN ROAD
About This Property
A lovely flagstone and brick walkway leads to the solid wood front door, complete with an antique brass knocker-an entry that sets the tone for the warmth and character found inside. A gracious formal living room, centered around a fireplace with a beautifully detailed white wood mantel and tiered corbels, creates a warm and welcoming place to gather.
French doors open to a convenient home office, offering a private and inspiring work-from-home space, while the formal dining room easily accommodates gatherings large and small with seating for ten.
At the heart of the home, the sun-filled kitchen is both timeless and functional, bathed in soft natural light and designed for everyday living. Crisp white cabinetry, sleek black countertops, and rich hardwood flooring create an elegant yet comfortable space, opening seamlessly to the expansive family room and casual dining area. French doors invite you outdoors to a private patio and beautifully landscaped backyard-perfect for quiet mornings, alfresco dining, or entertaining guests.
Upstairs, the spacious primary suite offers a peaceful retreat, with room for a sitting area and a spa-like bath featuring a soaking tub and separate shower. Three additional light-filled bedrooms and a well-appointed hall bath provide comfortable accommodations for family and guests alike. A walk-up attic offers excellent storage, while the lower level includes a recreation room, laundry area, wine room, and additional storage space.
Outside, the beautifully designed backyard is framed by handsome retaining walls and complemented by a large detached garage equipped with an EV charger-an ideal finishing touch to this gracious Lyon Village home.
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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 |
|---|---|---|---|
| May 21, 2026 | Sold | ||
| Sold | |||
| May 14, 2026 | In contract | - | |
| In contract | |||
| May 7, 2026 | Listed by TTR Sotheby's International Realty | $2,295,000 | |
| Listed by TTR Sotheby's International Realty | |||
| Jan 9, 2020 | No longer available | - | |
| No longer available | |||
| Nov 26, 2019 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017