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499 Franklin St. Ext.
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 2, 2025 | Sold | ||
| Sold | |||
| Apr 15, 2025 | In contract | - | |
| In contract | |||
| Apr 8, 2025 | Listed | $275,000 | |
| Listed | |||
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Welcome to 499 Franklin St. Ext.! This 3 bedroom ranch located on a dead end street has newly refinished wood floors throughout the first floor, an updated kitchen and a beautiful wood paneled bonus room right off of the living room, perfect for use as a den or office (or anything you can envision!) with access to a screened porch leading to a spacious back yard. Partially finished basement has more bonus space, perfect for family recreation room or work out room with additional storage area and includes the mechanicals for the house with a Weil-McLaine boiler and laundry area. The attached garage is spacious and has electricity to allow for work space in addition tokeeping your car clean and dry. Located close to highway access and area amenities.
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| Dec 4, 2009 | Sold | ||
| Sold | |||
| Sep 16, 2009 | Listed | $174,900 | |
| Listed | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017