45 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 |
|---|---|---|---|
| Apr 28, 2025 | Listed | $529,900 | |
| Listed | |||
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A Rare Find! This charming corner lot stretches across three streets, offering incredible frontage and unbeatable accessibility. The main house welcomes you from Franklin Street, while the detached, heated, and air-conditioned two-car garage anchors the corner of Laurel Street—plus there's frontage on a third street (Moody St) for even more space and possibilities. Step inside to a beautifully updated fully applianced kitchen with two great outdoor connections: a slider to the fenced backyard and a side door to a covered porch and garden oasis, complete with raised planter boxes ready for your favorite veggies and flowers. The carpeted and spacious living room plus a fashionable dining room with hard wood flooring. A handy half bath rounds out the first floor. Upstairs, you'll find wide wood planking through out the three generous bedrooms. . The primary bedroom features a walk-in closet plus a second closet for even more storage. A large full bath finishes the second floor. Move right in with confidence—this home shines with a newer roof, heating system, Trex deck, Vinyl siding, updated appliances, and a modern HVAC system offering both heat and central air. Outside, enjoy a fenced-in backyard, perfect for gatherings and garden parties. A true move-in-ready gem with style, space, and updates in all the right places! Showings begin on May 3, 2025 . Open Houses Saturday and Sunday
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| Nov 8, 2018 | Sold | ||
| Sold | |||
| Oct 4, 2018 | Listed by Home Clearinghouse | $309,900 | |
| Listed by Home Clearinghouse | |||
| Jul 23, 2004 | Sold | ||
| Sold | |||
| Jun 10, 2004 | Listed by Home Clearinghouse | $220,000 | |
| Listed by Home Clearinghouse | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017