6324 Franklin Gate Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| May 25, 2021 | Sold | ||
| Sold | |||
| Apr 23, 2021 | Listed by Coldwell Banker Legacy | $240,000 | |
| Listed by Coldwell Banker Legacy | |||
| Jul 31, 2019 | No longer available | - | |
| No longer available | |||
| May 3, 2019 | Price Decreased |
$235,000
↓ $4K
(1.6%) | |
| Price Decreased | |||
| Mar 8, 2019 | Listed | $238,900 | |
| Listed | |||
| | |||
|
BEAUTIFUL CANTERA FLOORING flows from the living and dining rooms into the kitchen and adjoining family room. The feeling is SPACIOUS, OPEN and full of BRIGHTNESS and NATURAL LIGHT. Gleaming GRANITE COUNTERS adorn the kitchen and a BREAKFAST BAR separates this area from the large family room. A corner fireplace offers a visual focal point and adjacent patio doors lead to a covered patio. the backyard is enclosed by a rock wall bordered by fruit trees and grass yard. Two bedrooms with a full bath sit to one side of this lovely home, and the master bedroom, with an en-suite bath, is on a separate side. Franklin Gate is a quiet street within walking distance of Tippin Elementary and enjoying beautiful views of the Franklin Mountains. The manager has listed the unit size as 2017 square feet.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017