310 PRICE DRIVE
About This Property
This expansive 5-bedroom, 3.5-bath home offers nearly 4,000 square feet of beautifully designed living space, perfectly positioned on a premium half-acre lot backing to open space for added privacy and scenic views and in the highly sought-after Appo school district.
From the moment you arrive, the stately stone-accented exterior sets the tone. Inside, a thoughtfully designed floor plan features a first-floor owner's suite complete with a spa-like bath and large walk-in closet - offering both comfort and convenience.
At the heart of the home is a chef's kitchen designed to impress, featuring granite countertops, 42" cabinetry, stainless steel appliances, gas cooktop, and double wall ovens. A light filled eat-in kitchen extension and oversized island with bar seating create the perfect setting for everything from casual mornings to effortless entertaining. The kitchen flows seamlessly into the main living areas, enhancing both function and connection.
Step into the stunning living room where soaring cathedral ceilings create an incredible sense of space and scale, anchored by a dramatic floor-to-ceiling stone fireplace that serves as the heart of the home. Expansive windows flood the space with natural light, enhancing the bright, airy feel, while the open-concept design seamlessly connects to the upper level, adding both visual interest and an elevated, modern flow perfect for everyday living and entertaining.
A dedicated home office provides the ideal work-from-home setup or quiet flex space, adding to the home's versatility.
Upstairs, three generously sized secondary bedrooms offer comfort and flexibility for family or guests, complemented by a well-appointed full bathroom that completes the level. A true highlight is the second bedroom, featuring exclusive access to a private walk-out balcony-perfect for morning coffee or quiet evening relaxation.
The finished walk-out basement expands your living space even further, featuring an additional bedroom and full bathroom - perfect for guests, in-laws, or extended stays - along with ample room for a media space, gym, or playroom.
Step outside to one of the home's standout features - a gorgeous paver patio overlooking a huge fenced-in backyard that backs to open space, offering a rare combination of privacy, views, and room to truly enjoy outdoor living.
With its thoughtful layout, premium lot, and exceptional indoor-outdoor flow, this home delivers the perfect blend of elegance, comfort, and functionality - all just minutes from Middletown's shopping, dining, and conveniences.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017