6116 FRANKLIN PARK ROAD
About This Property
The home is surrounded by mature trees, offering a true retreat while still being minutes from everything McLean has to offer. The setting feels secluded, serene, and almost meditative.
A perfect blend of nature, privacy, and location, this is a property that invites you to slow down and enjoy the beauty around you.
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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 |
|---|---|---|---|
| Jun 19, 2026 | Price Decreased |
$1,798,000
↓ $52K
(2.8%) | |
| Price Decreased | |||
| May 30, 2026 | Price Decreased |
$1,850,000
↓ $78K
(4.1%) | |
| Price Decreased | |||
| May 9, 2026 | Price Decreased |
$1,928,000
↓ $70K
(3.5%) | |
| Price Decreased | |||
| Apr 24, 2026 | Listed by Long & Foster Real Estate, Inc. | $1,998,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| May 17, 2017 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017