2 YOUNG BRANCH DRIVE
About This Property
Lovingly maintained by the same owners since 1999, this home offers 2,616 square feet above grade designed for both everyday living and joyful gatherings. A spacious dining room and living room, both accented with bay windows, flow naturally into a sunken family room where a cozy gas fireplace promises warmth on winter evenings. At the heart of the home, the kitchen - refreshed in 2023 with refaced cabinets and quartz countertops - invites you to linger.
Upstairs you'll find four comfortable bedrooms and two full baths, including an updated en-suite with a relaxing soaking tub. A half bath is conveniently located on the main level. The walkout-level unfinished basement backs to trees, offering both generous storage and the opportunity to create a personalized space. Step outside to enjoy a brand-new deck and a backyard that blends privacy with plenty of room to entertain or simply relax.
Major updates bring peace of mind: the roof was replaced in 2015, HVAC system in 2012, windows in 2021, and both front and back doors in 2020. Durable LVP flooring was added on the upper level and in the sunken family room, while the kitchen features upgraded DuraCeramic tile. The home was also refreshed just before listing with new carpet and paint - ready for its next chapter.
With long-term ownership, thoughtful maintenance, and numerous updates, this home combines comfort, convenience, and charm in one of Middletown's most desirable neighborhoods.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017