14 Franciscan Lane
About This Property
Step inside and be greeted by a dramatic two-story entrance foyer, leading to an open-concept layout bathed in natural light. The heart of the home is a spectacular, updated "Chef's Delight" eat-in kitchen, boasting expansive quartz countertops, a large center island with a breakfast bar, a professional-grade Wolf gas range, and sleek stainless steel appliances, including a beverage fridge. The adjacent spacious dining area sets the stage for memorable gatherings with family and friends. Flow seamlessly into the inviting living room, anchored by a cozy wood-burning fireplace and offering direct access to the banquet-sized dining room – ideal for hosting elegant dinners. Escape to the generously proportioned primary bedroom, a true retreat with soaring cathedral ceilings, a private ensuite featuring a skylight, a relaxing jacuzzi tub, a separate walk-in shower, and an enormous walk-in closet. Three additional well-sized bedrooms provide ample comfort for family or guests. The fully finished basement expands your living options, offering endless possibilities, including a quiet home office or even a fifth bedroom, along with abundant storage space.
Outside, this home is an entertainer's dream! Discover a beautifully landscaped property featuring an eight-person hot tub and an expansive brick paver patio, complete with a charming sitting wall and a fully equipped outdoor kitchen. The built-in barbeque, connected to natural gas, makes al fresco dining and summer parties a breeze! Enjoy modern conveniences such as central air conditioning, central vacuum, and in-ground sprinklers. Appreciate the charming covered front porch, premium Andersen windows, and robust 200 amp electrical service with a separate generator switch for added peace of mind. Located in the highly desirable Smithtown School District and just minutes from the Smithtown Landing Country & Golf Club with its pool, as well as town parks, beaches, highways, the LIRR, shopping, and restaurants, this home offers the perfect blend of luxury and convenience. Don't let this incredible opportunity slip away – envision your dream life starting here!
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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017