317 Barthel Drive
About This Property
•Situated on a beautifully landscaped 0.23-acre lot at the end of a cul-de-sac.
•317 Barthel Drive features a new roof (2023), vinyl windows, LP Smart siding and 6'' gutters with guards.
•A new vapor barrier has been installed in the crawl space.
•In 2010, a two-story addition was added to the back of the original home, expanding the space by 1,768 square feet.
•The private backyard boasts multiple hardscape patios, a spacious wood deck and a potting shed with electrical power.
•The beautifully remodeled kitchen from 2010 features custom cabinetry, a stone hood, granite countertops, a large island, a tiled backsplash and a five-burner gas cooktop with exterior venting.
•Next to the kitchen, you'll discover a spacious pantry room offering abundant storage space.
•Adjacent to the main living areas, you'll find a beautifully designed laundry room featuring built-in storage for laundry baskets, vacuum cleaner, along with convenient drying racks and a dedicated desk area.
•A double-sided gas fireplace with a stone surround and custom built-ins divides the kitchen from a bright sitting room.
•Overlooking the picturesque backyard, the cozy family room is nestled in nature, offering a warm and inviting retreat.
•On the first floor, there's a private bedroom featuring an ensuite bathroom and a massive walk-in closet.
•Additionally, the first floor includes a convenient half-bath, a versatile office space and an elegant dining room enhanced with elaborate casing and can lights.
•The floor plan flows seamlessly, with a widened hardwood stairwell leading to the second floor.
•Second floor features four additional spacious bedrooms, including a luxurious private owner's wing for ultimate relaxation and privacy
•Entertain in style in the expansive theater room, completed with a sophisticated wet bar, ideal for movie nights and social gatherings. The media room is equipped with Bose speakers, a projector, 100-inch painted, and framed screen.
•The owner's suite features a spacious sitting room, a generously sized walk-in closet and a large picture window. The en-suite bathroom includes dual granite vanities, a tiled walk-in shower, a jetted tub, a bay window and a private water closet.
•The second floor also includes two additional fully renovated bathrooms, featuring granite countertops and new cabinets, with one of them serving as an ensuite.
•A two-car garage with elevated shelving offers excellent storage and a parking pad on the side of the home provides additional parking.
•This stunning home, lovingly upgraded and maintained by its original owners, reflects careful consideration in every design decision. This home is designed to offer both elegance and functionality, making it an entertainer's dream and a private retreat.
•Centrally located near White Oak Creek Greenway and Davis Drive Park, 317 Barthel Drive offers convenient access to all the shopping, dining and entertainment the Triangle has to offer.
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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