7005 Franklin Rd
About This Property
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Cap Rate Calculator
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 3, 2025 | No longer available | - | |
No longer available | |||
Jun 2, 2025 | Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY | $525,000 | |
Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY | |||
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Spacious, Updated Home on 2.55 Acres with Private Views and
Wildlife! Unique, brick ranch style home that surprises with its
deceptively spacious interior. The beautifully updated kitchen is a
true showstopper featuring granite countertops, a stylish
backsplash, stainless appliances and plenty of cabinetry for all
your storage needs. The expansive Great Room is filled with natural
light and has an amazing gas fireplace, this will be the gathering
room when entertaining. Both bathrooms have…
| |||
May 22, 2025 | Price Decreased |
$550,000
↓ $25K
(4.4%) | |
Price Decreased | |||
Apr 8, 2025 | Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY | $575,000 | |
Listed by BERKSHIRE HATHAWAY THE PREFERRED REALTY |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
04/08/2025
| |
3 Bed
|
2 Bath
|
-
|
$575,000
3 Bed
2 Bath
|
-
-
|
-
|
Michele Jergel
BERKSHIRE HATHAWAY THE PREFERRED REALTY
|
Building Info
- 1 Unit for Sale
