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945 WASHINGTON AVENUE
About This Property
Completely renovated from top to bottom, this stunning 2-bedroom, 1-bathroom home has been thoughtfully updated with stylish finishes and quality craftsmanship throughout. You'll appreciate the bright, open layout featuring spacious living and dining rooms that flow effortlessly together, creating the perfect space for everyday living and entertaining.
The true centerpiece of the home is the gorgeous, modern kitchen. Designed to impress, it features unique leathered countertops, a large center island, a farmhouse sink, and updated finishes that elevate both style and functionality.
Outside is where this property truly becomes a rare opportunity. Situated on nearly 5 acres of private land, you'll enjoy a level of space and seclusion that is incredibly hard to find in Franklinville at this price point. Whether you've dreamed of gardening, recreational vehicles, creating outdoor entertaining spaces, building a workshop, or simply enjoying the peace and quiet, this property gives you the freedom to make it your own.
A wraparound driveway adds both convenience and curb appeal while enhancing the sense of privacy as you arrive home. Tucked away in a quiet setting yet still conveniently located near major roadways, this property offers the best of both worlds.
To top it all off, a brand-new septic system provides added peace of mind for years to come.
Opportunities like this don't come around often-a fully renovated home on nearly 5 acres of land offering privacy, modern updates, and endless possibilities all in one package. Schedule your private showing today.
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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