486 Franklin Street
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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 29, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Price Decreased |
$669,000
↓ $20K
(2.9%) | |
| Price Decreased | |||
| Jun 25, 2025 | Listed by Conway - Dorchester | $689,000 | |
| Listed by Conway - Dorchester | |||
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*New closets just added to BRs!* Set on a generous ¾-acre lot, this updated 3-bedroom, 2-full bath home offers room to grow! A full bath on each level allows flexibility for a 1st or 2nd floor primary suite. Enjoy modern comforts including a new quartz & stainless kitchen with breakfast bar, a stylish new tile bath with soaker tub, fresh flooring, and electric fireplaces. A walk-in closet so large it can double as a home office space. The inviting front porch welcomes you in, while the deck with built-in benches is perfect for relaxing or entertaining. Two separate driveways provide parking for 5–6 cars. In addition to the brand new kitchen and full bath, recent upgrades include; new front entry door w/ keyless lock, front & side entry Ring™ Outdoor Cams, 2024 water heater, new washer & dryer, and new steel bulkhead entry. All this just minutes to I-93, local shops, restaurants, and Reading’s top-rated schools. ** A move-in ready home with expansion potential—don’t miss this one! **
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| May 30, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017