881 Franklin CIRCLE
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Nov 14, 2022 | Sold | ||
| Sold | |||
| Aug 26, 2022 | Listed by CHARLES RUTENBERG REALTY INC | $399,000 | |
| Listed by CHARLES RUTENBERG REALTY INC | |||
| Aug 2, 2020 | No longer available | - | |
| No longer available | |||
| Jul 29, 2020 | Listed by BILTMORE GROUP INC | $269,900 | |
| Listed by BILTMORE GROUP INC | |||
| | |||
|
Welcome to this meticulously maintained 3-bedroom, 2-bath, 1-car garage home in Franklin Square. Owners purchased this home new in 1987 and have resided here since. As you enter your home you are greeted by a large great room that features a vaulted ceiling and an abundance of natural light. The dining room adjoins the great room and has a beautiful bay window that adds even more natrual light. Your kitchen and dinette are adjacent to the dining room and have stainless appliances, a pass-thru to the dining room, which is great for entertaining, and a laundry closet housing a full-size washer and dryer. Split plan design has the second and third bedrooms on the other side of the house from the master and the hall bath located between them has been updated with a new vanity, sink, faucet and low-flow toilet. Master bedroom has a walk-in closet and attached bathroom that features a beautiful skylight. Accessible via the sliding glass doors in your great room or your master bedroom is your large screened back patio where you can enjoy your gorgeous fenced back yard that the association maintains. The garage door is newer and has an electric opener and keypad. New Carrier 2.5-ton 15 SEER heat pump AC installed in June 2019 and new 40-gallon water heater in 2014. Roof installed in 2003 and was just certified to have a minimum of 5 years of functional life remaining. Franklin Square is a beautiful community located within a top-rated school zone and there is even a community pool. The manager has listed the unit size as 1429 square feet.
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017