311 Main St.
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 |
|---|---|---|---|
| Aug 25, 2025 | Sold | ||
| Sold | |||
| Jun 30, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Price Decreased |
$699,900
↓ $20K
(2.8%) | |
| Price Decreased | |||
| Jun 10, 2025 | Listed by Real Broker MA, LLC | $719,900 | |
| Listed by Real Broker MA, LLC | |||
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Located in the historic heart of downtown Franklin, this beautifully maintained Folk Victorian blends timeless charm with modern convenience. Built circa 1900, the home offers 3 bedrooms, 2.5 baths, an office, and an elegant entryway that sets the tone for the character within. The first floor features recently refinished pine floors, a formal dining room with built-ins and pocket doors, and a very spacious kitchen, that has exterior access to the deck and fenced in yard - perfect for entertaining. First-floor laundry, tall ceilings, and abundant natural light add comfort and functionality. Enjoy the fenced backyard and inviting front porch, perfect for relaxing or gathering. Extremely close proximity to the Franklin Town Common, where summer concerts and the farmers market bring the community together. A rare blend of charm, space, and location! This home is less than 5 mins to ALL the schools (K-12) in the new district reorganization! Showings begin Saturday 6/14/25!
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| Apr 25, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017