48 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 |
|---|---|---|---|
| Jul 13, 2022 | Sold | ||
| Sold | |||
| Jan 2, 2018 | Sold | ||
| Sold | |||
| Nov 2, 2017 | Listed by William Raveis Team 413 | $109,987 | |
| Listed by William Raveis Team 413 | |||
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Travel down Franklin St to find this wonderful 3 Bedroom 2 Full bath home tucked away on a fenced in double lot with a one car garage. Lots of potential in this charming Colonial featuring nice hardwood floors, spacious kitchen with plenty of cabinet space, two full baths, brand new water heater and an inviting front porch. The oversized fenced in yard is perfect for the kids or the pets. Bring your renovation ideas and decorating touch as this home does need work..... perfect opportunity for someone handy or those looking to build instant equity! Very convenient location close to shopping and highways. Put your renovation ideas to work and enjoy the payoff! This one is priced to Sell!
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| Oct 31, 2017 | Sold | ||
| Sold | |||
| Aug 23, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017