405 Franklin St
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 |
|---|---|---|---|
| Sep 30, 2020 | Sold | ||
| Sold | |||
| Jul 27, 2020 | Listed by Success! Real Estate | $375,000 | |
| Listed by Success! Real Estate | |||
| Dec 13, 2013 | Sold | ||
| Sold | |||
| Nov 8, 2013 | Listed by Gerry Abbott REALTORS® | $249,900 | |
| Listed by Gerry Abbott REALTORS® | |||
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GREAT OPPORTUNITY for downsizer or 1st time buyer! One story living with attached garage and screened-in porch. Layout features a galley type kitchen with pantry open to dining room, large living room, full bath and 2 good-sized bedrooms. This neat and clean ranch is in move in condition. Just some cosmetic updates would make this a gem. Set on nearly one acre of land with a large private back yard. Other features include: vinyl siding, 3 year vinyl windows, new bulkhead and young roof. Convenient to major highways, commuter rail and town.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017