3195 State Route 5
About This Property
Step inside to find a bright, open kitchen featuring updated cabinetry, stainless steel appliances, and a central island ideal for both casual dining and entertaining. The adjoining living area is warm and inviting, showcasing a feature wall with a stone fireplace and custom wood ceiling accents that create a modern rustic feel.
The home's layout flows effortlessly into a screened-in porch where you'll find a relaxing hot tub-the perfect spot to unwind year-round while overlooking your backyard. Step outside to enjoy a fenced-in in-ground pool complete with a diving board, offering endless summer enjoyment and the perfect space for gatherings with family and friends.
For added versatility, the second floor features an open loft where the second bedroom is located-providing the perfect opportunity to easily create a third bedroom with minimal effort.
Entertainment enthusiasts will love the dedicated entertainment room and separate bar area, perfect for game nights, watching the big game, or hosting guests in style.
Outside, the property continues to impress with a large detached garage and an additional outbuilding-a fully finished "She Shed" that makes for the perfect creative retreat, hobby space, or cozy getaway.
Every inch of this home reflects care and craftsmanship-from the updated flooring and modern lighting to the attention to detail in every room. Whether you're looking for a year-round residence or a country escape with resort-style amenities, this Frankfort gem is ready to impress.
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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