17 Franklin Drive
About This Property
Adjacent to the family room is a private office that can double as a fifth bedroom, offering versatility and convenience. The newly renovated kitchen is a chef's dream, featuring quartz countertops, under-cabinet lighting, a pantry, and a luxury Z-Line appliance package that includes a double oven, refrigerator, dishwasher, microwave, and cooktop. A pot filler over the cooktop adds convenience for culinary enthusiasts, and a built-in wine refrigerator provides the perfect spot to store your favorite vintages. The dining room includes a breakfast nook with built-in seating, and sliding doors from the kitchen lead to a private paver patio on a spacious 1-acre lot, ideal for outdoor entertaining.
Throughout the first and second floors, brand new luxury vinyl plank flooring adds both style and durability, while smooth, inviting paint colors provide a fresh and modern feel. Upstairs, the master suite offers a separate sitting area, tray ceilings, and three generous walk-in closets, including one with a quartz island for added storage. The master bathroom is a true oasis, featuring a soaking tub, double sinks, and a thermostatic digital shower system by Moen, controlled by Alexa and Google. Heated floors, a heated shower floor, and a bench with individual thermostats provide the ultimate comfort, while four power jets in the shower offer relaxation and stress relief.
All bathrooms throughout the home have been fully renovated with quartz countertops and modern hardware. The first-floor powder room is equipped with a Zahees Smart Toilet, featuring a radar-activated auto flip lid, automatic flush, heated bidet, warm air dryer, and auto deodorization for a touch of luxury. The second bedroom includes its own en-suite bathroom, while bedrooms three and four share a Jack-and-Jill bathroom, offering both convenience and privacy.
The fully finished basement is designed for entertainment, complete with a full bar inspired by UK, London design, a home theater, a billiards and gaming area, and an additional bedroom with a full bath. This space is perfect for hosting gatherings or creating the ultimate entertainment experience.
Recent updates to the home include a new roof with a lifetime transferable warranty and new skylights, a dual-zone HVAC system installed less than five years ago, and a new water heating tank replaced less than six months ago. With thoughtful upgrades throughout, including under-cabinet and pantry lighting in the kitchen, this home is truly move-in ready.
Located close to CentraState Medical Center, Freehold Raceway Mall, downtown Freehold, and commuter routes to NYC, this home is nestled in an excellent school district and offers everything you need for luxurious, modern living. Don't miss your opportunity to own this exceptional 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 |
|---|---|---|---|
| Apr 1, 2025 | Sold | ||
| Sold | |||
| Feb 14, 2025 | In contract | - | |
| In contract | |||
| Feb 3, 2025 | Price Decreased |
$1,399,000
↓ $61K
(4.2%) | |
| Price Decreased | |||
| Jan 17, 2025 | Listed by RE/MAX Central | $1,460,000 | |
| Listed by RE/MAX Central | |||
| Dec 30, 2024 | Price Decreased |
$1,460,000
↓ $25K
(1.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017