6321 Franklin Summit 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.
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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 |
|---|---|---|---|
| May 14, 2024 | Sold | ||
| Sold | |||
| Apr 4, 2024 | Listed by Dream Work Realty | $459,990 | |
| Listed by Dream Work Realty | |||
| Mar 26, 2018 | Sold | ||
| Sold | |||
| Feb 9, 2018 | Listed by Dream Work Realty | $329,900 | |
| Listed by Dream Work Realty | |||
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You will love this masterfully designed open concept layout bring the feel of the outdoors in. Offering spacious rooms and designer colors thoughout. Great big family room, formal and informal dining all open to the upscale, on-trend, light- filled gorgeous kitchen! Cooks will delight with the generous counter space, custom pull-out cabinetry, double oven, deep under-mount basin and upgraded pull down faucet. Surprise! There's an inviting courtyard behind the double entry doors. Complete with fireplace, this cozy outdoor living area offers privacy and security. Horseshoe shaped layout offers zoned master suite w/fireplace and 2 guest bedrooms + bonus room on side of the home while 4th bedroom and 3rd bath are on the other end, making a nice guest suite/study. Great mountainside location near desirable schools and down the street from hiking trails and park. Custom drainage system, concrete sides, tile roof and so much more to love. Prepare to be impressed!
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Property Highlights
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About Bear Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017