3310 FRANKLIN Avenue
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%.
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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 |
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| Oct 25, 2021 | Sold | ||
| Sold | |||
| Aug 4, 2021 | Listed by COMPASS GREATER NY LLC ML | $895,000 | |
| Listed by COMPASS GREATER NY LLC ML | |||
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If you hear these words- 'It's my favorite house in all of Millbrook!' you can be sure they refer to this home On the Avenue. Originally built in 1910, this exquisitely tasteful and welcoming home on nearly half an acre will turn your wishes into reality. The recent renovations maintained the important period touches while upgrading and modernizing. The south-facing wall-sized panel of glass in the family room is a stylish upgrade of smaller, individual sash windows. An entirely new kitchen, from ample cabinets to brand-new Samsung appliances, with the soapstone countertops and central island, is ideally situated in the heart of the house. The second floor offers three bedrooms, three baths (one half-bath is downstairs), and an office/gym space. All the bathrooms are updated and elegant. An original claw-foot tub with all-new fittings in one contrasts charmingly with the sleek walk-in showers in the other two bathrooms. Outdoors, a wrap-around porch bordered by hydrangeas and boxwood offers a view of the village happenings along Franklin Ave. But the most magical space at On the Avenue is the back property. Fully fenced and lovingly designed and tended, the back garden offers places to rest, places to entertain and gather, and room to create new spaces in the future...even a pool. A sunken terrace is rimmed by flawless stone walls, just the right height for sitting on. Some highlights among the truly unique and beautiful plantings include a Japanese maple in the corner of the front yard, admired by all who pass by, as well as, of course, the Anabelle hydrangea and several limelight hydrangea trees in the back. Columnar Cooper beech trees add a refined touch along the side of the property, climbing roses curtain the entire western wall of the garage, and pear and apple espaliers divide one outdoor 'room' from another.,Cooling:Zoned,ExteriorFeatures:Landscaped,Heating:Central Heat,Zoned,AboveGrade:2264,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,ROOF:Asphalt Shingles,Other School:PRIVATE,FOUNDATION:Block,Stone,FLOORING:Wood,Tile
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| Nov 15, 2016 | Sold | ||
| Sold | |||
| Aug 29, 2015 | Listed by Houlihan Lawrence Inc | $449,000 | |
| Listed by Houlihan Lawrence Inc | |||
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Village Victorian restored to its former glory! Enjoy the wonderful town parades from the charming rocking chair porch in the heart of Millbrook. Walk down the Avenue for shopping, restaurants, the Library, schools, parks, an ice cream cone or an evening of music at the band shell. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Detached,
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| Aug 7, 2002 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017