618 Franzen 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 |
|---|---|---|---|
| Aug 18, 2023 | Sold | ||
| Sold | |||
| Jul 21, 2023 | Listed by Mary Dunn Real Estate, Inc. | $339,900 | |
| Listed by Mary Dunn Real Estate, Inc. | |||
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This home checks all of the boxes! This beautiful property is updated and ready for family and friends! This home is a 3 BR, 2 Car Garage. Dining area is open to the updated kitchen. This property also includes an extra MIL suite or game room complete with a kitchen, dining and 1/2 bath. Plenty of room for anything you may need! The living area is 20x20. This home sits on approx. 1.5 acres with the most gorgeous oak and fruit trees you will ever see! This home includes a nice storage area attached to the carport. Fenced and ready for your pets! This property even includes a large shop with a huge covered area which has it's own water well! Located in desirable ECISD. This property is truly everything you could ever want!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017