9 Franklin
About This Property
kitchen with walk-in butler Pantry,granite counter top with full custom back splash,gas range stove with 6 burners,stainless steel appliances, and breakfast nook.Delight in upstairs laundry room with sink.Multiple French doors open to outdoors and balconies.Some of the upgrades includes wood window shutters,exquisite new laminate floors throughout upstairs,recessed lighting,stained glass windows,ceiling fans,crown molding,custom designer baseboards,window casings throughout,organized closets,inside the wall fumigation system,custom paint,and much more.Magnificent master suite with wainscoting,enormous walk-in closet with built in organizers,and abundant use of natural stones and upgrades.Oversized 2 car attached garage with built-ins.Exceptional entertaining backyard complete with built in BBQ center,fireplace for intimate gatherings, covered patio,planters,professional landscaping and much MORE!
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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 22, 2017 | Sold | ||
| Sold | |||
| Oct 20, 2017 | Listed by Re/Max Premier Realty | $1,580,000 | |
| Listed by Re/Max Premier Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017