28
Map
39 Franklin Avenue
About This Property
Listed By
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 |
|---|---|---|---|
| Aug 14, 2026 | Price Decreased |
$725,000
↓ $25K
(3.3%) | |
| Price Decreased | |||
| Jul 28, 2026 | Listed by Weichert Realtors-Sea Girt | $750,000 | |
| Listed by Weichert Realtors-Sea Girt | |||
| |||
|
This is a coming soon listing. Showings begin on July 31, 2026
AWESOME LOCATION! Ocean block two-family just steps to the beach. Each unit offers 2 bedrooms and 1 full bath, making this an ideal investment, vacation getaway or live-in-one/ rent-the-other opportunity. Features include covered front porch and rear deck, fenced in yard, patio in the rear- perfect for entertaining! Each unit has washer and dryer/ laundry room. Dont miss your chance to own a piece of the Jersey Shore!
| |||
| Jun 14, 2021 | Sold | ||
| Sold | |||
| Apr 20, 2021 | Listed by Weichert Realtors-Normandy Bch | $399,000 | |
| Listed by Weichert Realtors-Normandy Bch | |||
| | |||
|
LOCATION, LOCATION, LOCATION!! Completely redone ocean block two family! Steps from Seaside Heights famous beach/boardwalk! All new high end appliances, brand new AC units, water heaters and both units have brand new FULL size washer/dyers. 16 Brand New ''Pella'' windows. Large backyard area. Large front and back balconies. Great rental potential! Rent both or enjoy one for yourself!!
| |||
| Mar 4, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017