4531 FRANKLIN BLVD
About This Property
The manager has listed the unit size as 938 square feet.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 24, 2023 | No longer available | - | |
| No longer available | |||
| Jul 13, 2023 | Price Decreased |
$19,900
↓ $15K
(43%) | |
| Price Decreased | |||
| Jun 25, 2023 | Price Decreased |
$34,900
↓ $5K
(11.7%) | |
| Price Decreased | |||
| Jun 11, 2023 | Listed | $39,500 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/28/2026
|
2 Bed
|
2 Bath
|
1352 ft²
|
$89,000
2 Bed
2 Bath
1352 ft²
|
$80,000
-10.11%
09/29/2026
|
Marco Pena
Sixel Real Estate
| |
|
07/01/2026
|
1 Bed
|
1 Bath
|
-
|
$28,000
1 Bed
1 Bath
|
$28,000
08/24/2026
|
Ashley Jones
Hearthstone Real Estate
| |
|
10/13/2023
|
2 Bed
|
2 Bath
|
938 ft²
|
$25,000
2 Bed
2 Bath
938 ft²
|
-
-
|
Kit Sixel
Sixel Real Estate
| |
|
08/22/2023
|
2 Bed
|
2 Bath
|
924 ft²
|
$69,500
2 Bed
2 Bath
924 ft²
|
-
-
|
DeWayne Smith
Elite Realty Professionals
| |
|
06/11/2023
| |
2 Bed
|
1 Bath
|
938 ft²
|
$39,500
2 Bed
1 Bath
938 ft²
|
-
-
|
Jessica Fields
ICON Real Estate Group
|
|
09/21/2022
|
2 Bed
|
2 Bath
|
1188 ft²
|
$92,000
2 Bed
2 Bath
1188 ft²
|
-
-
|
Vanessa Foltz
Knipe Realty ERA Powered
|
Building Info
- 2 Units for Sale
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017