435 Middle Road
About This Property
(professional photos coming soon)
Welcome to a home that strikes the perfect balance between "freshly updated" and "instantly cozy." Located in the heart of Riverhead, this residence offers the rare combination of modern design and functional living, all within reach of the area's best shopping, dining, and transit.
Inside is an open-concept living space designed for the way we live today. Whether you're hosting a dinner party or enjoying a quiet Tuesday, the flow is effortless. Hardwood flooring runs throughout, anchored by a classic wood-burning fireplace-perfect for those chilly New York evenings. The sleek, modern kitchen is a showstopper, featuring stylish cabinetry, crisp finishes, and a full suite of stainless steel appliances.The living space extends well beyond the back door. The fully fenced backyard offers a level of privacy that's hard to find. The included playset is ready for action, while the expansive lawn provides plenty of room for pets and gardening. Car enthusiasts and hobbyists, take note: the large, 2-bay garage provides ample room for vehicles, a workshop, or all your seasonal gear.
This property highlights a recently updated interior with hardwood floors and open floor plan, modern kitchen with stainless steel appliances, wood-burning fireplace, and updated bathrooms. Outdoors a fully fenced, private yard with playset, in-ground sprinklers, and oversized 2-bay detached garage await you. Access both LI Sound and Peconic Bay beaches, or spend some time at any of the local vineyards, farm stands, or artisanal crafters that define the 'Foodie Fork'.
The Bottom Line: This isn't just a house; it's an upgraded lifestyle in a location that puts you at the center of everything Riverhead 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