560 Francesca Lane
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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%.
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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.
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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 30, 2022 | Sold | ||
| Sold | |||
| May 11, 2022 | Listed by Compass | $584,900 | |
| Listed by Compass | |||
| Apr 22, 2022 | No longer available | - | |
| No longer available | |||
| Apr 17, 2022 | In contract | - | |
| In contract | |||
| Apr 13, 2022 | Listed by Compass | $589,000 | |
| Listed by Compass | |||
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Welcome to 560 Francesca Ln, a Brand New Construction Single Family Home ideally located in Roselle Development, ready for immediate occupancy. This two level home features a main floor primary suite, office space, three full bathrooms, and a functional floor plan designed for the modern day buyer. The upper level features an additional bedroom and an open space that is perfect for office use, play space, a workout room, or a future additional bedroom. The 1600 square foot basement can be custom finished with negotiation, or saved for a future value add project. Special features of this tastefully designed home include custom 42" cabinets, quartz countertops, gas fireplace, 9 ft+ ceilings, a mud room, 3.5" Luxury Oak Floors, and Pella windows throughout. Located within the Highly Rated Lake Park H.S. district and around the corner from I-390 Walk to Roselle Park District Fitness Center. Just Minutes to Mariano's, Woodman's and Lifetime Fitness. The manager has listed the unit size as 2217 square feet.
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About Roselle
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$3,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017