6308 FRANKLIN GATE Drive
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 |
|---|---|---|---|
| Jun 19, 2024 | Sold | ||
| Sold | |||
| May 18, 2024 | In contract | - | |
| In contract | |||
| May 2, 2024 | Listed by El Paso TEAM RESULTS, PLLC | $384,000 | |
| Listed by El Paso TEAM RESULTS, PLLC | |||
| Jun 8, 2018 | Sold | ||
| Sold | |||
| Mar 10, 2018 | Listed by Home Pros Real Estate Group | $234,000 | |
| Listed by Home Pros Real Estate Group | |||
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Situated at the top of Franklin Gate, this one-level four bedroom two bath home is beautifully maintained and upgraded. Stunning wood look tile throughout the multiple living spaces. Large bedrooms with high ceilings throughout. The kitchen is the heart of the home with ample counter space and center island. Eat-in space and formal dining option available. Zoned master bedroom with dual vanities, walk-in closet and separate tub and shower. Enjoy sunset views over the valley from the backyard!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017