7 Franklin St
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 |
|---|---|---|---|
| Jan 28, 2020 | Sold | ||
| Sold | |||
| Nov 4, 2019 | Listed by Redfin Corp. | $339,000 | |
| Listed by Redfin Corp. | |||
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Beautiful New Construction! 3 Bedrooms & 2 Full Baths. Wide Open Kitchen & Living room layout with Cathedral ceilings. 2 Levels of living space and over 1900 SF of living space. Displaying Granite countertops, Loads of kitchen cabinets, plenty of countertop space, surrounded by crown moldings & brand new Energy Star Appliances. Huge finished first floor level with full bath, hookups for the washer and dryer and lots of closets. Oversized one car garage with plenty of leftover space for storage, lawnmowers, tools for all your needs. Central Air, Gas heat and Connected to town sewer and water. Minutes to Highways and the "T" Nothing you need to do but bring your finishing details and move right in! Anticipated completion date 45-60 days. Town taxes and fire taxes are estimated.
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Address: 335 Madison Avenue, New York, NY 10017