6300 Franklin Trail 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%.
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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 |
|---|---|---|---|
| Sep 8, 2025 | Sold | ||
| Sold | |||
| Aug 6, 2025 | In contract | - | |
| In contract | |||
| Aug 4, 2025 | Price Decreased |
$598,000
↓ $13K
(2.1%) | |
| Price Decreased | |||
| Jun 12, 2025 | Price Decreased |
$611,000
↓ $13K
(2.1%) | |
| Price Decreased | |||
| Apr 21, 2025 | Listed by eXp Realty LLC | $624,000 | |
| Listed by eXp Realty LLC | |||
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Renovated and beautifully maintained 5-bedroom, 3-bathroom home offers nearly 3,000 square feet of thoughtfully designed space. On the main level, there are two living rooms, formal AND casual dining + a conveniently located bedroom and full bathroom—perfect for guests, multigenerational living, a private home office (or bourbon room!). The kitchen is a dream for any home chef, with custom cabinetry, a center island, stainless steel appliances and tile backsplash. Upstairs, the primary suite offers a peaceful retreat w/coffee bar and private covered balcony that showcases breathtaking views of the Franklin Mountains and valley. Additional bedrooms are generously sized and light-filled. The backyard is designed for relaxation and entertainment, featuring a heated pool, a grassy play area, a firepit, and an extended covered patio. A three-car garage, refrigerated air and plantation shutters complete the package. Located close to top-rated schools—Lundy Elementary, Hornedo Middle, and Franklin High.
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Property Highlights
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About Bear Ridge
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,400 /mo
- 3 Beds
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$2,350 /mo
- 3 Beds
- 2 Baths
- 1,940 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017