711 W 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 |
|---|---|---|---|
| Mar 15, 2024 | Sold | ||
| Sold | |||
| Dec 26, 2023 | Listed by Expert Realty Solutions Inc. | $15,000 | |
| Listed by Expert Realty Solutions Inc. | |||
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Can be sold with 621 Carrill (Flint), 730 W Waterloo (Jackson), and 609 Biddle (Jackson)Seller eager to unload properties. BATVAI
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| Mar 22, 2023 | No longer available | - | |
| No longer available | |||
| Feb 17, 2023 | Price Decreased |
$14,000
↓ $3K
(18.8%) | |
| Price Decreased | |||
| Jan 21, 2023 | Listed by NC DEVELOPMENT GROUP, LLC | $17,250 | |
| Listed by NC DEVELOPMENT GROUP, LLC | |||
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Investor special. This home is priced to sell. It will need work. You will need a ladder to access the upstairs unit. All interested parties must sign a hold harmless agreement before access is granted. Please schedule showings through showing time or contact the listing agent John Collis or his assistant at NCDG The manager has listed the unit size as 1112 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017