288 Franklin Dr
About This Property
The upper level boasts three bedrooms and two full baths, including one off the master suite, all enhanced by beautiful hardwood floors. A convenient laundry room with an additional full bath offers direct walkout access to the level backyard.
The lower level presents an expansive finished family room plus a partially finished den with a large closet, perfect for storage or future customization. Recent updates include new mechanical systems, a durable metal roof, and fresh interior paint throughout. This turnkey home is ideal for hosting upcoming events and creating lasting memories!
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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 |
|---|---|---|---|
| Feb 14, 2025 | Sold | ||
| Sold | |||
| Dec 23, 2024 | In contract | - | |
| In contract | |||
| Nov 19, 2024 | Relisted | $319,500 | |
| Relisted | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 27, 2024 | Listed by HOWARD HANNA REAL ESTATE SERVICES | $319,500 | |
| Listed by HOWARD HANNA REAL ESTATE SERVICES | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017