7717 FRANCES DR
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 |
|---|---|---|---|
| Oct 23, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Listed by Redfin Corporation | $499,000 | |
| Listed by Redfin Corporation | |||
| Aug 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 27, 2020 | Listed | $425,000 | |
| Listed | |||
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3D Walk Through Tour Available so you do not need to leave your home to tour. Modest Sized Home on a Generously sized Half Acre (21,850 Sqft) lot on Picturesque Frances Drive in Hybla Valley Farms. There is so much potential for this property! Move into the existing home and start the garden of your dreams, host gatherings of almost any size or build your dream home here. With R-2 Zoning you could build an expansive home across this wide a deep lot. House Location Survey and Zoning Regulations available. Lot is 115' wide by 190' deep. Also available for rent for $1800/mo The manager has listed the unit size as 704 square feet.
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About Hybla Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017