6394 FRANKLIN SUMMIT Drive
About This Property
Cul-de-sac, Featuring panoramic Franklin Mountain views! If you're looking for a solid custom-built gem with 4 bedrooms and 3 baths look no further! Just walking distance from. the highly rated Lundy Elementary school: Upon entering you will find a Living Dining combo with high ceilings and engineered flooring. Nice kitchen with SS appliances, breakfast bar, freestanding gas range open to cozy family room with fireplace. 1 bedroom down with 3/4 of bathroom. 3 bedrooms up to include large master suite w/bubble bath and separate shower, balcony, walking closet. Loft suitable for mini office or play area. Home being updated, interior paint and more, back yard with a pergola to enjoy the afternoons with friends and family.
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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 |
|---|---|---|---|
| Sep 21, 2022 | Sold | ||
| Sold | |||
| Aug 25, 2022 | Listed by CRC Realty | $360,000 | |
| Listed by CRC Realty | |||
| Mar 11, 2019 | Sold | ||
| Sold | |||
| Jan 14, 2019 | Listed by Century 21 The Edge | $239,900 | |
| Listed by Century 21 The Edge | |||
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Beautifully maintained and sparkling clean, this home is perfect for you! Freshly painted exterior. Interior features include formal living and dining rooms, den with fireplace, breakfast area, open kitchen with stainless steel appliances. One bedroom plus bath downstairs. Upstairs are two good sized bedrooms, plus a small loft, and a lovely master bedroom and bath. Balcony from the master delivers views of the valley and mountains. In a good location and well kept neighborhood, just down the street from desirable elementary and middle schools. Come by, you will love it!
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| Dec 23, 2018 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017