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Rye 10580 Rye
4 Franklin Avenue
$1,575,000
● House - Off Market

4 Franklin Avenue

Rye City, NY 10580
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,184 Ft²
$2,959,204
RealtyHop Estimate
85.53%
Since Aug 1, 2014
National-US
Primary Model

About This Property

Colonial with great layout. Extensive work in 2010: totally new Kitchen including hardwood floors, bathrooms renovated; entire interior and exterior painted; new front steps/railings, new front walk and drainage, landscaping and so much more.  Additional 300+ sq ft. finished storage on lower level. Convenient to train, schools & Rye Golf and Swim Club Additional Information: ParkingFeatures:2 Car Attached,
Unit Size
2,184 Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$730
Property Type
House
Property Taxes
$1,723
HOA Dues
-
Year Built
1861

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 4 months ago (OneKey MLS #KEYH4404189)

Price History

Date / Event Date Event Price
Jul 18, 2014 Sold
Premium
Sold
Apr 3, 2014 Listed by Julia B Fee Sothebys Int. Rlty $1,595,000
Listed by Julia B Fee Sothebys Int. Rlty

Property Highlights

Air Conditioning
Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1861
  • Recent Altered Year: 2009
  • Building Count: 1
  • Floor Count: 5
  • Total Unit Count: 8
  • Residential Unit Count: 7
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 4,308
  • Lot Size Depth Feet: 100
  • Lot Size Frontage Feet: 42
  • Building Depth: 95
  • Building Frontage: 42
  • Gross Building Area: 20,500

    Building Floor Area

  • Residential Building Floor Area: 16,500
  • Commercial Building Floor Area: 4,000
  • Retail Building Floor Area: 4,000

    Floor Area Ratio

  • Built Floor Area Ratio: 5
  • Residential Floor Area Ratio: 6
  • Commercial Floor Area Ratio: 6
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: D6
  • Lot Type: 3
  • Land Use: 04
  • Irregular Lot Code: Y
  • Proximity Code: 2
  • Extension Code: N

Neighborhood

  • Community District: 101
  • City Council District: 1
  • Historic District Name: Tribeca East Historic District
  • Police Precinct: 1
  • Fire Company: L001
  • Health Area: 7700
  • Sanitation District Borough: 1
  • Sanitation Subsection: 3A
  • School District: 02

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: C6-2A

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 175
  • Lot: 1
  • Borough Block Lot: 1001750001

    Address

  • Full Address: 70 Franklin Street
  • Zip Code: 10013

Valuation

    Assessments Valuation

  • Assessed Total Value: $3,726,900
  • Assessed Land Value: $1,130,400

    Exemptions

  • Exempt Total Value: $0
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rye

Stats & Trends

Median Asking:

$2,695,000

Sale Price/ft²

$789

Above Asking

0.00%

Average Days on Market

89

Average Home Size

4109 ft²

Average Home Age

68.1 years

Currently For Sale

29 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 89 Crystal Street, Harrison, NY, 10528

$8,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
89 Crystal Street, Harrison, NY, 10528 Listing by Anthony Bommarito
Unit for rent at 87 Crystal Street, Harrison, NY, 10528

$8,250 /mo

  • 3 Beds
  • 2 Baths
  • 1,700 ft²
87 Crystal Street, Harrison, NY, 10528 Listing by Anthony Bommarito
Unit for rent at 9 Fenton Street, Rye, NY, 10580

$8,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,428 ft²
9 Fenton Street, Rye, NY, 10580 Listing by Susan Janart

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 4 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 4 Franklin Avenue built and last sold?
The property at 4 Franklin Avenue was built in 1861 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 4 Franklin Avenue is $1,621,322.
What are some comparable homes to 4 Franklin Avenue?
There are currently no comparable homes to 4 Franklin Avenue.
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