56 Franklin Rd
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 |
|---|---|---|---|
| May 31, 2013 | Sold | ||
| Sold | |||
| Apr 12, 2013 | Listed by Waterfield Sotheby's International Realty | $839,900 | |
| Listed by Waterfield Sotheby's International Realty | |||
| Jun 11, 2007 | Sold | ||
| Sold | |||
| May 8, 2007 | Listed by Barrett Sotheby's International Realty | $649,900 | |
| Listed by Barrett Sotheby's International Realty | |||
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Desirable East Hill Location - "As Is" -- 6+ Room Split-Level Home - 3 BD's - 2.5 BA's - Sunroom - Hardwood Floors - Lower Level w/Fireplace is Ready for an Easy Renovation. Professionally Landscaped Yard w/Patio - This Home is Ready for an Easy Update and is in a Neighborhood w/Many New Homes being Built for $1M+ Price Range - and Many Additions to Existing Homes... Don't Miss this Opportunity. "Make Your Real Estate Dreams a Reality"!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017