9 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 |
|---|---|---|---|
| Jun 29, 2024 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 30, 2024 | Listed by Rutledge Properties | $5,250,000 | |
| Listed by Rutledge Properties | |||
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Exquisite new construction in an elegant Country Club location! Classic Shingle Style exterior in keeping with its lovely established neighborhood, with sunny custom designed transitional interior plan and finishes. Come feel the difference 10' ceilings make! Stylish and sophisticated spaces include open concept Great Room w gas fireplace and killer bar. Sun-splashed white kitchen w custom cabinetry, oversized island, breakfast area, coffee bar and awesome walk-in pantry. 5 ensuite bedrooms on 2nd floor inc superlative primary suite. Terrific lower level with tons of natural light from full-sized windows inc entertainment room with full bar, wine cellar, gym, and play room. Side load garage by side entrance to fully outfitted mudroom. Perfectly landscaped outdoor oasis featuring blue stone patio w built in bar, grill, fire pit, and large flat play yard. Better than new. Benefit from someone else's exacting standards and just move right in!
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| Jul 26, 2022 | Sold | ||
| Sold | |||
| Jan 24, 2022 | Listed by Rutledge Properties | $4,100,000 | |
| Listed by Rutledge Properties | |||
| Aug 21, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017