Listed by: Jason Pierce, [email protected], Prominent Properties Sotheby's International Realty-Tenafly, (201) 568-5668, Listing Courtesy of NJMLS
$1,415,000
●
House -
Off Market
751 Bridle Way
Franklin Lakes, NJ 07417
5 Beds
5 Baths,
1
Half Bath
$8,291
Est. Monthly
3.53%
Cap Rate
About This Property
Beautiful contemporary home totaling 6000+ sq ft including 3 car
garage & walkout lower level. Major Renovation just
completed in 2024. Nearly everything is new, redone, or
upgraded. New Roof, all new / upgraded bathrooms, new
lighting fixtures and LED recessed lighting, new flooring, new
plumbing, new electric, new exterior doors and more! Kitchen
upgrades include all new flooring and quartzite waterfall 2 tier
island & surrounding countertops. Multi level deck
with built in Hot Tub & wrap around porch. Over sized
windows and soaring ceilings make this house one of a kind.... The
virtual tour link for this listing contains an enormous amount of
relevant information including a comprehensive video tour w hidden
features & room dimensions, floor plans, and a complete interactive
3D model of the home.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$1,342
HOA Dues
-
Year Built
1982
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (NJMLS #24002511)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| Apr 6, 2024 | In contract | - | |
| In contract | |||
| Mar 30, 2024 | Relisted | $1,375,000 | |
| Relisted | |||
| Feb 9, 2024 | In contract | - | |
| In contract | |||
| Jan 25, 2024 | Listed by Prominent Properties Sotheby's International Realty-Tenafly | $1,375,000 | |
| Listed by Prominent Properties Sotheby's International Realty-Tenafly | |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Franklin Lakes
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Listed by: Jason Pierce
Prominent Properties Sotheby's International Realty-Tenafly
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24002511
The data relating to the real estate for sale on this web site comes in part from the Internet Data Exchange Program of the NJMLS. Real estate listings held by brokerage firms other than RHP Realty NJ, Inc. are marked with the Internet Data Exchange logo and information about them includes the name of the listing brokers. Some properties listed with the participating brokers do not appear on this website at the request of the seller. Listings of brokers that do not participate in Internet Data Exchange do not appear on this website.
Prominent Properties Sotheby's International Realty-Tenafly
Last Updated: 3 years ago
Data Source: NJMLS , MLS# 24002511
All information deemed reliable but not guaranteed.© 2026 New Jersey Multiple Listing Service Inc. All rights reserved. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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