6305 FRANKLIN DESERT
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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.
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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 |
|---|---|---|---|
| Jul 28, 2017 | Listed | $649,000 | |
| Listed | |||
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Lovely Franklin Hills home with gated pool & views of UV & Franklin Mountains. Beautiful Cantera arched entryway, stone columns, & double beveled glass doors. This custom home has 3 living areas. Formal LR & formal DR. Den with built-in niches & FP. Gourmet kitchen with large island & barstool seating, breakfast area, granite tops, travertine backsplash, & desk area. Butler's pantry between DR & kitchen. Also 2 BR mother-in-law quarters with kitchenette & 2 handicap accessible 3/4 baths downstairs. Master BR suite upstairs with built-in niches & wetbar plus master bath area with double vanities, wraparound snail shower, whirlpool tub. Also upstairs are 3 more bedrooms plus Gameroom or Upstairs Den Large outdoor balcony off of back of home to take in the views as well as two balconies off of front BR to enjoy the views. (Amenities: Shutters, hardwood flooring, security system, refrigerators, washer/dryer, epoxy flooring in 3 car garage, great neighborhood & close to schools) The manager has listed the unit size as 4033 square feet.
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| Apr 1, 2013 | Sold | ||
| Sold | |||
| Mar 4, 2013 | Listed by Howard & Associates, REALTORS - Broker Jim Howard -Deceased 11-2022 | $425,900 | |
| Listed by Howard & Associates, REALTORS - Broker Jim Howard -Deceased 11-2022 | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017