595 Franklin Heights Road
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 |
|---|---|---|---|
| Nov 16, 2023 | Sold | ||
| Sold | |||
| Sep 6, 2023 | In contract | - | |
| In contract | |||
| Aug 16, 2023 | Listed by COMPASS Greater NY LLC | $1,995,000 | |
| Listed by COMPASS Greater NY LLC | |||
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The epitome of sophistication in a bucolic setting, the structure honors the past with a barn-like facade with modern finishes. The home is 3,500 sf, with 4 bedrooms and 3.5 baths. Enter an open plan kitchen & dining room, with soaring 15 foot ceilings. A 'cross & star’ European handcrafted terracotta floor adds an austere but down-to-earth grandeur. The kitchen features a Lacanche range with brass finishings, commercial vent hood, SubZero refrigeration and Miele D/W. Step up to the second level, which features a living room, two primary bedrooms with ensuite baths showcasing Waterworks fittings and accessories. Highlights of the large living room include a drop-down flatscreen TV, wet bar, and additional SubZero refrigeration. Step outside to an Accoya timber deck with panoramic views. Find a guest room with a dedicated full bath & laundry and nursery. Anderson retractable doors lead to the outdoor dining area and a conversation pit. Set on 70+ acres with over 8,000 blueberry bushes, the property is a fully functioning blueberry farm, with a processing "pack" room. More than just a 'Gentleman's Farm', this is an opportunity to own an impeccable home and a growing business.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017