37 Franklin St
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jun 24, 2024 | Sold | ||
| Sold | |||
| Apr 23, 2024 | Listed by Law Office of Paul M. Lynch | $1,950,000 | |
| Listed by Law Office of Paul M. Lynch | |||
| | |||
|
Beautiful harbor front home in the heart of Old Town with stunning views out to the harbor and beyond including Corithian Yacht Club, Chandler Hovey Park, Childrens Island out to Halfway Rock. Completely renovated and reframed from studs out in 2014. Steps to Fort Sewall, Gas House Beach, shops and restaurants. This house has it all! Beautiful chef's kitchen overlooking harbor with Wolf and Sub-Zero appliances, living room includes a wet bar with fridge and icemaker for entertaining. Large mudroom with 2 spacious closets and a large built-in bench/seating area with drawers. Two large bedrooms and 2.5 bathrooms. The master suite features expansive water views, vaulted ceiling, large walk-in closet and an on-suite master bathroom with oversized marble shower. Guest bedroom has its own bathroom with jetted tub and large vanity with marble counter tops. This home has 3 car parking and a large back yard with an attached shed and surrounded by mature privet hedge for privacy.
| |||
| Jun 16, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017