6329 Franklin Red 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 1, 2023 | Sold | ||
| Sold | |||
| Apr 19, 2023 | Listed by Maria Abimerhi, REALTOR | $515,000 | |
| Listed by Maria Abimerhi, REALTOR | |||
| Dec 28, 2018 | Sold | ||
| Sold | |||
| Oct 5, 2018 | Listed by Coldwell Banker Heritage R E | $325,000 | |
| Listed by Coldwell Banker Heritage R E | |||
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This immaculate two story home is located in the prestigious Franklin Hills area. Upon arrival, you will love the curb appeal and attention to detail. As you make your way through the grand entrance, you are immediately greeted by a large formal dining room that features soaring ceilings and space for a sitting area. The living room has an inviting fireplace that makes you feel right at home and nice built in shelving. The kitchen offers plenty of cabinets and granite counter space along with a breakfast bar and stainless steel appliances. Enjoy your morning coffee in the breakfast area while appreciating the view of the stunning backyard. Make your way up the grand staircase to your master suite. You can spend time relaxing on the balcony, captivated by the view, or soaking in the soothing master jetted tub. The additional bedrooms are generously sized as well. The backyard is beautifully landscaped with a covered patio and sparkling pool. This dream home has all of your must haves!
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| Aug 3, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017