702 Oak 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 |
|---|---|---|---|
| Jul 24, 2024 | Sold | ||
| Sold | |||
| Jun 13, 2024 | Listed by RE/MAX Executive Realty | $540,000 | |
| Listed by RE/MAX Executive Realty | |||
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Great opportunity to own in Franklin. This Cape has the land to expand and improve on if desired. It comes with a very large driveway and fenced backyard. Enjoy the shiny hardwood floors throughout, updated bathrooms and a bedroom on the first floor. Upstairs has two very large bedrooms with extensive closet space in each and a 3/4 tile bathroom. Very much a move-in ready home. Basement has the laundry, furnace and hot water tank. Plenty of room for storage and workshop area as well. Improvements include Roof-2014, Oil Tank-2023, Electrical Box upgrade-2021 to 100AMP Service, Replacement Windows-2007, 2nd FL Bathroom - 2024, 1st FL Bathroom-2000. There's an oversized shed for your lawn and garden equipment. An additional covered room off the back was used for the pool filter equipment in the past. This is a must see!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017