6252 FRANKLIN RIDGE Drive
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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 |
|---|---|---|---|
| Apr 16, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 9, 2026 | Listed by eXp Realty LLC | $559,000 | |
| Listed by eXp Realty LLC | |||
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Beautiful Spanish-style single level home w/ expansive mountain views and backyard oasis. Open and inviting floor plan; Spacious kitchen w/granite countertops, custom alder wood cabinetry, ss appliances, gas stove w/ pot filler, and walk-in pantry. Kitchen opens to breakfast area and family room w/ cozy fireplace + flexible formal dining or living space. Private primary suite includes walk-in closet, dual vanities, walk-in shower, and relaxing jetted tub. Throughout the home you'll find beautiful architectural details-arched entryways, custom shutters, and vaulted ceilings. The entire backyard has been transformed into a private retreat with a recently added heated, saltwater cocktail pool. Easy to maintain turf and landscaping, pergola, and patio tile--perfect for relaxing or entertaining. With no back neighbors, enjoy stunning sunsets across the Franklin Mountains. Easy access to nearby hiking and biking trails. Excellent schools and proximity to nearby hospitals and entertainment/dining!
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| Jun 8, 2023 | Sold | ||
| Sold | |||
| May 2, 2023 | Listed by ERA Sellers & Buyers Real Esta | $399,888 | |
| Listed by ERA Sellers & Buyers Real Esta | |||
| Dec 14, 2020 | Sold | ||
| Sold | |||
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About El Paso
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017