6324 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 |
|---|---|---|---|
| Mar 15, 2023 | Sold | ||
| Sold | |||
| Feb 2, 2023 | Listed by OTRE Group, LLC | $480,000 | |
| Listed by OTRE Group, LLC | |||
| Jul 24, 2020 | Sold | ||
| Sold | |||
| May 18, 2020 | Listed by Sandy Messer And Associates | $335,000 | |
| Listed by Sandy Messer And Associates | |||
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Pool Party Time! This beautiful & scenic backyard with its mountain vistas and inviting beach entry pool and spa provide year round views from this updated & desirable Franklin Hills home. Porcelain wood tile floors,granite counters and tile splash backs in kitchen and baths, rich dark wood cabinetry and other amenities including all stainless steel appliances added recently. Versatile floor plan, vaulted ceilings in formal areas plus a large kitchen & breakfast room, beverage bar, and supersized family room area. One smaller bedroom downstairs, very spacious master suite with luxe remodeled bath upstairs plus two guest bedrooms, full bath and office/loft . Custom Roman shade window treatments. Two Carrier AC units recently added. Roof shingle replaced in 2019.
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| Sep 7, 2019 | No longer available | - | |
| No longer available | |||
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