4906 W Frances PL
About This Property
The open kitchen, seamlessly connected to the living room, boasts a stainless gas cooktop, built-in oven and microwave, refrigerator, and sink, along with quartz countertops and custom cabinetry. This home offers two primary bedrooms, each with an ensuite bathroom. One suite is on the main level, providing easy accessibility, while the other offers a private retreat upstairs. Both feature spacious layouts, walk-in closets, and elegant finishes. Two additional bedrooms and a designer-styled bathroom with chic wallpaper are on the main level, offering ample space for family and guests.
Step outside to your private backyard sanctuary, designed for low maintenance with turf grass throughout, xeriscaped areas & raised bed gardens. Golf enthusiasts will love the turf grass putting green, perfect for practicing your short game. The covered back porch and deck feature wooden ceilings and recessed lighting, ideal for entertaining or relaxing.
This home is within walking distance to The Grove, where you can find restaurants such as Verdad and Carve Steakhouse. Enjoy convenient access to yoga and exercise studios, a coffee shop, and a small market. This home has been meticulously maintained and updated with energy-efficient windows, a new HVAC system, and a tankless water heater, ensuring comfort and sustainability. The famous Fonda San Miguel is also just blocks away!
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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 |
|---|---|---|---|
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Price Decreased |
$1,199,000
↓ $50K
(4%) | |
| Price Decreased | |||
| Jun 26, 2024 | Listed by Douglas Elliman Real Estate | $1,249,000 | |
| Listed by Douglas Elliman Real Estate | |||
| Jun 5, 2024 | Delisted | - | |
| Delisted | |||
| Jun 5, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017