2934 Franklin Road
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 |
|---|---|---|---|
| Oct 11, 2019 | Sold | ||
| Sold | |||
| Aug 9, 2019 | Listed by Property Team | $270,000 | |
| Listed by Property Team | |||
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Newly Renovated property ready for you to call your own! This house features a brand new roof, a very large lot, new interior and exterior paint, new stainless steel appliances and flooring, new granite counter tops and lighting. A den with a built in bar area, spacious bedrooms and a good size laundry room. The property provides a sense of country living with all the convenience of nearby shopping areas, schools, easy freeway access and just a short drive to UC Merced.
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| Apr 30, 2019 | Sold | ||
| Sold | |||
| Mar 21, 2019 | Listed by Century 21 MM, Merced | $174,950 | |
| Listed by Century 21 MM, Merced | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017