43
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4 Francis Drive
About This Property
The thoughtfully designed main living space boasts an inviting eat-in kitchen with quartz countertops, a spacious island peninsula, new stainless steel appliances, a brand-new tiled backsplash and a charming built-in breakfast bench-perfect for casual dining and entertaining. Stylish wainscoting and elegant designer wallpaper add character and sophistication, while the wood-burning stove creates a warm and welcoming atmosphere. Generously sized rooms and ample closet space provide both comfort and functionality, complemented by a bathroom featuring a granite vanity.
A standout feature of this property is the legal accessory apartment, offering exceptional flexibility for extended family, guests, or potential rental income. Complete with its own separate entrance, kitchen, room, full bathroom, and dedicated washer and dryer, this private living space provides comfort and independence. Each living area offers its own separate entrance and laundry facilities, making this property ideal for a variety of living arrangements.
Step outside and enjoy your very own in-ground pool, perfect for relaxing, entertaining, and making the most of the warmer months. With its tasteful updates, versatile living spaces, abundant storage, and desirable commuter-friendly location, this exceptional property offers a wonderful opportunity to enjoy both lifestyle and flexibility in the heart of Middletown.
A must-see home with character, space, and endless possibilities!
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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 |
|---|---|---|---|
| Oct 11, 2026 | Listed by Keller Williams Realty | $499,999 | |
| Listed by Keller Williams Realty | |||
| Jun 8, 2022 | Sold | ||
| Sold | |||
| Mar 14, 2022 | Listed by Keller Williams Realty | $340,000 | |
| Listed by Keller Williams Realty | |||
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About Middletown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017