2609 Old Route 22
About This Property
The home features a spacious main living area that flows into the dining space and updated kitchen. The kitchen includes stainless steel appliances and refreshed finishes, while the second living area offers a cozy setting with a gas fireplace and easy access to the covered porch. A dedicated mudroom/drop zone near the entry adds everyday convenience with practical storage and organization.
The primary suite includes a walk-in closet with custom shelving, and two additional bedrooms are positioned along the main hallway near a full bathroom. Luxury vinyl plank flooring extends throughout the home for a clean, updated look and low-maintenance living.
Outdoor features expand the lifestyle potential of the property. Enjoy a covered rear porch overlooking the backyard, plus a covered front porch ideal for morning coffee or evening downtime. The attached two-car garage provides enclosed parking, storage, and workspace options. A detached 12x24 storage shed plus an additional covered storage area offer even more flexibility for equipment, hobbies, tools, or outdoor gear.
Major updates noted include a renovated kitchen, updated bathrooms, new roof, new windows, new landscaping, and a whole-house generator hookup. Conveniently located with quick access to Interstate 95 and an easy drive to shopping and dining options in Smithfield, this property combines privacy, functionality, and location.
Single-level floor plan, two living spaces, mudroom, covered porch, multiple storage buildings, and a two-car garage come together to create a home designed for everyday comfort and usable space.
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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 |
|---|---|---|---|
| Apr 23, 2026 | Sold | ||
| Sold | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
| Feb 27, 2026 | Price Decreased |
$299,900
↓ $14K
(4.5%) | |
| Price Decreased | |||
| Feb 10, 2026 | Price Decreased |
$314,000
↓ $11K
(3.4%) | |
| Price Decreased | |||
| Jan 16, 2026 | Listed by Compass -- Raleigh | $324,900 | |
| Listed by Compass -- Raleigh | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017