648 Francis Street
About This Property
Experience the rare combination of peaceful, wooded privacy and walkable convenience in one of the area's most desirable locations. Just blocks from the charm of downtown, this exceptional home on 'The Hill' is designed for both everyday living and effortless entertaining. The outdoor spaces are truly unmatched with four expansive patios that create multiple destinations for dining, relaxing, and gathering with family and friends. Inside, sunlight pours through twin sliding glass doors that frame a striking central fireplace and showcase wooded views. The high-end, open-concept kitchen seamlessly connects to the main living and dining areas. Beautiful hardwood flooring flows throughout the main level, leading to a luxurious primary suite featuring a jetted soaking tub and spa-inspired Euro-style tile shower. Three additional bedrooms provide exceptional flexibility for guests, family, ...or a dedicated home office, complemented by both a full and 1/2 bath. The lower level expands the living space with a spacious family room, full bath, and direct access to a stamped concrete patio and fenced backyard. Completing this remarkable property are an attached garage, two powered sheds, and ample parking. Offering a rare blend of luxury, privacy, and convenience just moments from downtown shopping, dining, parks, and community events, this one-of-a-kind property is the perfect place to call home.
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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 |
|---|---|---|---|
| Oct 8, 2026 | Price Decreased |
$999,000
↓ $100K
(9.1%) | |
| Price Decreased | |||
| Sep 12, 2026 | Price Decreased |
$1,099,000
↓ $50K
(4.4%) | |
| Price Decreased | |||
| Aug 7, 2026 | Price Decreased |
$1,149,000
↓ $50K
(4.2%) | |
| Price Decreased | |||
| Jun 1, 2026 | Listed by Coldwell Banker Realty | $1,199,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 3, 2021 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017