3281 LANEVIEW PLACE
About This Property
The heart of the home is the gourmet, eat-in kitchen featuring an oversized island, high-end stainless steel appliances, including a 5-burner gas stove, double ovens, ample custom cabinetry with roll-outs, and a stunning picture window overlooking the beautifully landscaped backyard. The open-concept family room adjacent to the kitchen showcases a cozy gas fireplace, built-in shelving, and a rustic exposed mantle. Step into the temperature-controlled four-season sunroom ideal for savoring your morning coffee or unwinding with an evening cocktail year-round. From here, access the large deck and spacious backyard, offering seamless indoor-outdoor living and endless entertaining potential. The main floor also features a traditional formal living room and an elegant dining room adorned with oversized windows, recessed lighting, and graceful crown molding. A private home office with built-ins, a beautifully updated powder room, and a well-equipped laundry room complete the main level.
Upstairs, the sun-drenched primary suite offers a peaceful retreat, complete with a cozy sitting room with skylight, ideal for a second office, exercise space, or a potential walk-in closet conversion. The spa-inspired, fully renovated primary bathroom boasts custom stone finishes, heated floors, dual vanities with designer cabinetry, a walk-in shower, and a soaking tub with views of the lush yard. Three additional bright and spacious bedrooms with hardwood floors and generous closets share an updated hall bathroom with dual vanity, heated floors, and abundant storage.
The expansive lower level adds even more living space, including a large recreation room with natural light, an egress window to create an optional safe sleeping space, and built-ins, as well as two bonus rooms with closets-perfect for guests, a gym, or a media room. There's also a fully renovated bathroom with an ADA-accessible shower. Ample closet and storage space enhance the functionality of the level, including a cedar-lined closet. Additional upgrades include a whole-house generator, new roof, freshly painted two-car garage, new paver driveway, and more. Don't miss this rare opportunity to own a beautifully updated colonial in this coveted and convenient Herndon neighborhood! Franklin Farm was established in August of 1980 and
has curated a wealth of exceptional amenities for residents to enjoy over the years.
• 850 acres, with 182 of those reserved as open space
• 13 miles of walking paths through nature
• 2 swimming pools to enjoy in the warmer months
• 6 tennis/pickleball courts
• 3 basketball/multi-purpose courts
• 14 tot lots (playgrounds)
Renovation Details/Dates: New Upper Level Hardwood Floors & Complete Interior and Garage Paint Job- 2025; Updated Lower Level Full Bath-2025; New Roof-2024; Whole-House Generator- 2022; New Attic Fan-2022; New Water Heater- 2019; New Exterior Sprinkler System- 2018; New Carrier HVAC-2016; New Windows - 2016, 2014, 2009, 2005; Screened Porch Converted into 4-Season, Temperature-controlled Sunroom- 2014; Both Upper Level Bathrooms Luxuriously Renovated- 2013; Kitchen Remodel and Main-Level Hardwood Floors- 2011; New Garage Door-2010; New Sump Pump 2008; Added Gutter Guards- 2005. OFFER DEADLINE- MONDAY, APRIL 28TH @ 2 PM
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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%.
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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.
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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 |
|---|---|---|---|
| May 19, 2025 | Sold | ||
| Sold | |||
| Apr 24, 2025 | Listed by TTR Sotheby's International Realty | $1,100,000 | |
| Listed by TTR Sotheby's International Realty | |||
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About Franklin Farm
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017