6244 FRANKLIN RIDGE Drive
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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 |
|---|---|---|---|
| May 5, 2014 | Sold | ||
| Sold | |||
| Mar 31, 2014 | Listed by Coldwell Banker Legacy | $374,888 | |
| Listed by Coldwell Banker Legacy | |||
| May 12, 2011 | Sold | ||
| Sold | |||
| Mar 4, 2011 | Listed by Sandy Messer And Associates | $339,000 | |
| Listed by Sandy Messer And Associates | |||
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Stylish Tuscan Home! This single story home by M.A. Homes, LLC features 4 bedrooms, 3 full baths, courtyard entryway, a contemporary kitchen with large island, granite countertops, dark wood custom cabinetry, stainless steel appliances, tiled great room with fireplace, & separate formal dining room. Finishing touches include quality and attention to detail, private courtyard entry, designer upgrades, and spectacular view lot.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017