89 Franklin
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 |
|---|---|---|---|
| Aug 18, 2015 | Sold | ||
| Sold | |||
| May 14, 2015 | Listed by Century 21 North East | $289,900 | |
| Listed by Century 21 North East | |||
| | |||
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*PRICE REDUCED* Large sprawling ranch with IN-LAW suite all on ONE LEVEL on corner lot in very convenient location. Main home has great improvements throughout and includes large eat in kitchen with access to sunroom, full bathroom with laundry area, large sunny living room and bedrooms with hardwood flooring under carpeting. LOTS of storage and potential with walkup attic and large basement. 2 Year Young 32x32 ADDITION provides a lovely in-law suite with eat in kitchen/living room, large bedroom with double door closet, beautiful full bathroom and huge family room, great for entertaining with separate entrance to back yard. Lower level of addition is a massive two car garage with generous space. Updated electrical and high efficiency heating system. Two large driveways offer plenty of parking for guests to enjoy large deck and pool . Neighborhood setting and close to town services and shopping.
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| May 1, 2015 | Listed by Century 21 North Shore | $289,900 | |
| Listed by Century 21 North Shore | |||
| Sep 19, 2000 | Sold | ||
| Sold | |||
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