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Rye 10580 Rye
60 Franklin Avenue
Photo of 60 Franklin Avenue
Sold on Apr 30, 2025

31

Map

Photo of 60 Franklin Avenue
Photo of 60 Franklin Avenue
$1,725,000
● House - Off Market

60 Franklin Avenue

Rye City, NY 10580
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,280 Ft²
$9,198
Est. Monthly
3.36%
Cap Rate

About This Property

Nestled on a peaceful cul-de-sac, this 4-bedroom, 3.5-bath split-level home offers endless potential in a sought-after neighborhood. Situated on a spacious .25-acre lot with mature specimen trees, this 2,280 sq. ft. home features a large primary suite with a sitting room and plenty of space to create your dream home. Located in close proximity to Osborn Elementary, Rye Middle and High Schools, Rye Golf Club  and Harrison train station, this home provides both tranquility and accessibility. With a generous FAR allowance of 3,345 sq. ft., there's room to expand and customize to your taste.

Though in need of TLC, this is a rare opportunity to make it your own in one of Rye's most desirable locations. Don't miss out on this chance to create your perfect home!
Unit Size
2,280 Ft²
Days on Market
41 days
Land Size
0.26 acres
Price per sqft
$669
Property Type
House
Property Taxes
$1,710
HOA Dues
-
Year Built
1959

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (OneKey MLS #KEY819540)

Price History

Date / Event Date Event Price
Apr 30, 2025 Sold
Premium
Sold
Mar 29, 2025 In contract -
In contract
Mar 15, 2025 Listed by William Raveis-New York LLC $1,525,000
Listed by William Raveis-New York LLC

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1959
  • Building Count: 12
  • Floor Count: 20
  • Total Unit Count: 1,268
  • Residential Unit Count: 1,267
  • Basement Type: 2

    Dimensions

  • Lot Area Sqft: 282,839
  • Lot Size Depth Feet: 610
  • Lot Size Frontage Feet: 464
  • Building Depth: 110
  • Building Frontage: 145
  • Gross Building Area: 846,700

    Building Floor Area

  • Residential Building Floor Area: 744,000
  • Commercial Building Floor Area: 102,700
  • Retail Building Floor Area: 102,700

    Floor Area Ratio

  • Built Floor Area Ratio: 3
  • Residential Floor Area Ratio: 3
  • Facilities Floor Area Ratio: 7

Building

  • Building Type: D4
  • Lot Type: 3
  • Land Use: 03
  • Irregular Lot Code: N
  • Proximity Code: 1
  • Extension Code: N

Neighborhood

  • Community District: 111
  • City Council District: 8
  • Police Precinct: 23
  • Fire Company: E091
  • Health Area: 2600
  • Sanitation District Borough: 1
  • Sanitation Subsection: 1B
  • School District: 04

Zoning

  • Split Boundary Zone Indicator: N
  • Zoning: R7-2
  • Special Purpose District 1: TA
  • Zoning Commercial Overlay 1: C1-5

Geography

  • Borough Name: MN
  • Borough Code: 1
  • Block: 1656
  • Lot: 1
  • Borough Block Lot: 1016560001

    Address

  • Full Address: 211 East 106 Street
  • Zip Code: 10029

Valuation

    Assessments Valuation

  • Assessed Total Value: $53,258,400
  • Assessed Land Value: $6,345,000

    Exemptions

  • Exempt Total Value: $53,258,400
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Rye

Stats & Trends

Median Asking:

$2,550,000

Sale Price/ft²

$786

Above Asking

0.00%

Average Days on Market

87

Average Home Size

4413 ft²

Average Home Age

56.8 years

Currently For Sale

35 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 10 School Street, Rye, NY, 10580

$6,275 /mo

  • 1 Bed
  • 1 Bath
  • 750 ft²
10 School Street #4F, Rye, NY, 10580 Listing by Kathryn Kempton
Unit for rent at 39 Clifford Place, Harrison, NY, 10528

$6,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,800 ft²
39 Clifford Place #39, Harrison, NY, 10528 Listing by Lauren Nannariello
Unit for rent at 45 Holland Street, Harrison, NY, 10528

$6,400 /mo

  • 3 Beds
  • 2 Baths
  • 2,295 ft²
45 Holland Street, Harrison, NY, 10528 Listing by Akira Ono

Rentals Near You

Click here to view more rentals in the neighborhood.
OneKey

Last Updated: 2 years ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 60 Franklin Avenue built and last sold?
The property at 60 Franklin Avenue was built in 1959 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 60 Franklin Avenue is $1,562,380.
What are some comparable homes to 60 Franklin Avenue?
There are currently no comparable homes to 60 Franklin Avenue.
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