702 Barton Street
About This Property
Welcome to this spacious ranch home offering over 2,700 sq ft of living space, ideally located in the sought-after Ely Acres neighborhood. Just a short walk to the elementary school, library, parks, and your favorite local ice cream parlor, this home combines comfort and convenience with easy access to US-131, shopping, and restaurantsa€"perfectly situated between Grand Rapids and Kalamazoo.
Step inside to an inviting open floor plan featuring a cathedral ceiling with recessed lighting in the living room, dining area, and kitchen. The cozy gas-log fireplace adds warmth and ambiance, visible from every anglea€"whether you're cooking, dining, or relaxing. The kitchen boasts classic oak cabinetry, a snack bar for casual dining, and flows seamlessly into a bright sunroom overlooking the fenced backyard and private patioideal for morning coffee or evening entertaining.
The main level includes a spacious primary suite with a private bath and double closet, along with two additional bedrooms, a full bathroom, and a convenient laundry room.
The finished lower level with daylight windows offers a large family room, recreation area, a fourth bedroom, and an optional second laundry areaproviding flexible space for hobbies, guests, or working from home.
Additional features include a 2-car attached garage and low-maintenance landscaping. This home is a must-see for anyone looking for space, style, and a great location!
Th sale of this home is subject to the sellers finding suitable housing.
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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