116 Cascade Lane
About This Property
The open concept layout seamlessly connects the kitchen, dining room, and living room, anchored by a dramatic floor-to-ceiling fireplace that serves as a striking focal point. Three separate eating areas and three distinct family spaces provide endless flexibility for everyday living and entertaining alike. A spacious office with elegant French doors overlooks the front yard, offering an ideal setting for working from home.
This home features the rare luxury of two primary suites, one on each floor. The first-floor primary bathroom delivers a spa-like retreat with a gigantic walk-in shower, while the second-floor primary bathroom features a relaxing soaking tub. An upstairs family room provides additional gathering space for the whole household.
Step outside to a large backyard with a covered porch, perfect for relaxing or hosting guests. The immaculate garage boasts epoxy floors, custom cabinetry, and a dedicated water line for an outdoor refrigerator offering ice-cold water and backup ice.
Some of the many extras: custom built cabinets in garage; tv, remote, and electric mount on patio, the mount moves and folds up; and coating in garage, on patio, and on entry to the home. THIS IS A SMART HOME: All lighting, inside and out and thermostatic remote control. Built in Holiday Jellyfish lighting also on remote. Landscape lighting is not on remote. Cat 5 wiring. Sprinkler system can also be managed remotely.
Located just minutes from Community Park Baseball Fields and all the amenities Wylie has to offer, this home is ready for its next chapter. 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 28, 2026 | Price Decreased |
$769,999
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Aug 19, 2026 | Listed by eXp Realty LLC | $775,000 | |
| Listed by eXp Realty LLC | |||
| Aug 18, 2026 | No longer available | - | |
| No longer available | |||
| Aug 6, 2026 | Price Decreased |
$775,000
↓ $24K
(3%) | |
| Price Decreased | |||
| Jul 24, 2026 | Price Decreased |
$799,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017