607 Franklin Crossing #607
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%.
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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.
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 13, 2022 | Sold | ||
| Sold | |||
| Mar 28, 2022 | Listed by Realty Executives Boston West | $259,900 | |
| Listed by Realty Executives Boston West | |||
| | |||
|
Meticulously maintained move-in ready second floor two bedroom condo located in desirable Franklin Crossing Condominiums. This unit boasts central air, a large living and dining area, private deck, and two oversized bedrooms with bountiful closet space including a generous walk-in located in the primary bedroom. Recent updates include wall to wall carpet with extra padding, bathroom flooring, closet doors, a/c system and heating. Windows replaced in 2012. Two off-street permitted parking spots, ample visitor spaces, and shared storage. Amenities include in-ground pool, tennis & basketball court and playground. Easy access to major highways and commuter rail. Why pay rent when you can own! Welcome Home! Showings begin at open house Friday, April 1st from 5:30 to 7:00 pm.
| |||
| Dec 1, 2000 | Sold | ||
| Sold | |||
| Sep 20, 2000 | Listed by ERA Key Realty Services | $114,900 | |
| Listed by ERA Key Realty Services | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/28/2022
|
2 Bed
|
1 Bath
|
941 ft²
|
$259,900
2 Bed
1 Bath
941 ft²
|
$271,000
+4.27%
05/13/2022
|
Jay Allen
Realty Executives Boston West
| |
|
09/20/2000
|
2 Bed
|
1 Bath
|
941 ft²
|
$114,900
2 Bed
1 Bath
941 ft²
|
$114,900
12/01/2000
|
John Burrows
RE/MAX Executive Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017