6372 FRANKLIN RIDGE Drive
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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 |
|---|---|---|---|
| Jan 8, 2026 | Sold | ||
| Sold | |||
| Nov 28, 2025 | In contract | - | |
| In contract | |||
| Oct 26, 2025 | Price Decreased |
$330,000
↓ $12K
(3.5%) | |
| Price Decreased | |||
| Sep 19, 2025 | Listed by Cornerstone Realty | $342,000 | |
| Listed by Cornerstone Realty | |||
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Welcome to this inviting home in the sought-after Franklin Hills community. Offering 3 bedrooms, 2.5 bathrooms, and 1,860 sq. ft. of living space, it blends comfort and convenience.
The main floor features an open living room with a cozy fireplace, a bright dining area, and a functional kitchen with generous cabinet and counter space. Upstairs, the spacious primary suite includes a private bath and walk-in closet, complemented by two additional bedrooms and a full bath.
Enjoy outdoor living in the landscaped, fully fenced backyard with a covered patio—perfect for relaxing or entertaining.
Located close to Elementary, Middle and High schools, dining, and recreation, this home combines modern comfort with a great location and views.
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| Jun 22, 2014 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017