316 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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2024 | Listed | $225,000 | |
| Listed | |||
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Charming 2-Bedroom Home with Modern Updates, Spacious Yard, and Extra Storage — Conveniently Located Between Waco and Temple! Discover this beautifully renovated 2-bedroom, 1-bath home, ideally situated on a 0.30-acre lot in Eddy, with easy access to both Waco and Temple. With 960 square feet of thoughtfully updated living space, this home offers comfort and convenience. Enjoy the peace of mind that comes with brand-new systems throughout, including new HVAC, electrical, and plumbing. Inside, a bright and inviting living area flows into a stylish kitchen, with two cozy bedrooms down the hall. Outside, the screened-in back porch is perfect for relaxing or entertaining. The fenced backyard provides plenty of room to play or garden, along with an additional fenced area for pets or special projects. A durable cinderblock storage unit offers extra space for all your storage needs. This move-in-ready gem is perfect for first-time buyers, downsizers, or anyone looking for low-maintenance living with all the upgrades already done. Don’t miss this opportunity to enjoy the best of small-town living with easy access to city amenities!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017