348 Middle Road
About This Property
craftsmanship, and a thoughtfully designed floor plan come together to create the perfect place.
A grand entrance foyer welcomes you into this impressive residence, while hardwood floors flow
throughout most of the home, adding warmth and sophistication. (The kitchen and bathrooms feature
tile flooring.) Designed for both everyday living and entertaining, this spacious home offers four generously sized
bedrooms, including a luxurious primary suite with a private en-suite bath featuring a relaxing jetted
soaking tub and a separate shower. The inviting family room is the heart of the home, showcasing a wood-burning fireplace and a wall of windows
with sliding doors that fill the space with natural light and provide seamless access to the backyard.
Situated on a beautifully landscaped, shy one-acre property, the home is set well back from the road, offering exceptional privacy and a peaceful setting. The expansive backyard features a sparkling in-ground swimming pool with a new liner, ample space for outdoor gatherings, and
plenty of room to relax and enjoy your own private retreat. Additional highlights include a spacious two-car attached garage and a setting that perfectly blends tranquility with convenience. This exceptional Colonial offers the ideal combination of quality construction, generous living space, and an outdoor oasis designed for years of enjoyment.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 29, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Listed by Signature Premier Properties | $993,000 | |
| Listed by Signature Premier Properties | |||
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About Bayport
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017