57 Franklin Street
About This Property
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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 |
|---|---|---|---|
| Dec 22, 2022 | Sold | ||
| Sold | |||
| Jan 14, 2022 | No longer available | - | |
| No longer available | |||
| Jan 12, 2022 | Price Decreased |
$188,000
↓ $11K
(5.5%) | |
| Price Decreased | |||
| Oct 19, 2021 | Listed by BHG Masiello Keene | $199,000 | |
| Listed by BHG Masiello Keene | |||
| | |||
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Charming 3 bedroom, 1.5 bath home featuring 3 porches: a front farmers porch, an enclosed side porch and an enclosed rear porch with a wood stove. This house offers ample storage, 1st floor laundry, wood flooring, built-ins, eat-in kitchen, gardening space, an upstairs bonus room & more. This convenient location is only a short walk to downtown. Investors take note - prior to seller occupying for many years, this home was a profitable investment property. Subject to Seller finding suitable housing - which has been identified. Showings to resume Sunday, September 4th.
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| Sep 30, 2014 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017