451 Martello Rd
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, 2024 | Sold | ||
| Sold | |||
| May 21, 2024 | Listed by Keller Williams Elite | $650,000 | |
| Listed by Keller Williams Elite | |||
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Welcome to this charming ranch-style home in a beloved, established neighborhood convenient to all Franklin amenities including shopping, schools, and highway access. Enjoy comfortable single level living inside and out with it’s spacious layout, large rooms and private yard. This home is fully handicap accessible with extra-wide doorways and hallways, plus the convenience of first-floor laundry. A spacious eat-in kitchen extends the length of the home, perfect for family meals and entertaining. A bonus screened in porch with entryways from both the kitchen and primary suite overlook the beautifully fenced, level backyard. A large shed provides additional storage for your gardening needs and tools so your car can comfortably park in the garage. With nearly 2,000 sqft of basement space ready to be finished, the possibilities are endless. Furnace, roof, windows & bathrooms all new within the last 10-15 years. Don’t miss out on this lovely, accessible home designed for comfortable living.
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| Jan 16, 1992 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017