425 N FRANKLIN Place
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 |
|---|---|---|---|
| Jun 26, 2020 | Sold | ||
| Sold | |||
| May 25, 2020 | Listed by First Team Real Estate | $598,000 | |
| Listed by First Team Real Estate | |||
| | |||
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Modern-Rustic Beauty Right Near The Ocean!
https://my.matterport.com/show/?m=YgNq6ysUhyQ&mls=1
Immaculate home near the bustling heart of downtown Long Beach, as well as the beautiful ocean! The exterior is completed with beautiful stacked stone on parts of the home, stylish refinished wood shake, modern light fixtures that give the perfect ambience, and a custom knotty pine fence surrounding a quiet and warm courtyard out the front of the home. From opening the gorgeous front door, you will walk in to a very stylish entrance, consisting of lifeproof vinyl flooring throughout, a beautiful renovated wood ceiling with custom LED canned lighting, and double pane vinyl windows. The living area is perfect for entertaining friends and family, or enjoying a peaceful night in after going to one of the world renowned restaurants that are walking distance away. Off the living space, an office exists as perfectly removed from the bedrooms. The kitchen has the best rustic appeal possible; and is finished with new and rustic cabinets, new hardware, modern lighting fixtures, a beautiful farmhouse sink, and quartz countertops. The full bath is pragmatically located at the center of the property, easily accessible from the entrance, bedrooms, or office. The bath is finished with a dual vanity, large subway tiles, shaker cabinets, and marble niches. The master bed has windows looking to the peaceful courtyard. Welcome to the perfect fit for an owner as a beach home or a stunning rental!
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| Feb 25, 2020 | Sold | ||
| Sold | |||
| Jan 12, 2020 | Listed by Keller Williams Rlty Brentwood | $320,000 | |
| Listed by Keller Williams Rlty Brentwood | |||
Property Highlights
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About Franklin School
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,495 /mo
- 4 Beds
- 2 Baths
- 1,530 ft²
$2,650 /mo
- 1 Bed
- 1 Bath
- 720 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017