6348 Franklin Summit
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 15, 2021 | Sold | ||
| Sold | |||
| May 2, 2021 | Listed by RE/MAX Real Estate Experts Group CLOSED | $349,945 | |
| Listed by RE/MAX Real Estate Experts Group CLOSED | |||
| Mar 31, 2010 | Sold | ||
| Sold | |||
| Jan 2, 2010 | Listed by Sandy Messer And Associates | $299,900 | |
| Listed by Sandy Messer And Associates | |||
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Best Buy in Franklin Hills! Upgrades throughout this 4 bedroom, 3.5 bath home. 2 master suites-one downstairs and one upstairs, formal dining, family room with fireplace open to cook`s kitchen with granite counters, island, stainless appliances and breakfast nook...all immaculate. Redwood balcony off upstairs master. Tile, carpet and wood flooring on stairs, 3-car garage, refrigerated AC and automatic sprinklers.
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| May 16, 2006 | Sold | ||
| Sold | |||
Property Highlights
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Status
Price/ft²
Listed On
Sold On
About Bear Ridge
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Currently no similar homes aroundNearby Rentals
$2,450 /mo
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$2,475 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017