116 Wayne Trail
About This Property
The gourmet kitchen features an extra-large island for additional seating and storage, walk-in pantry, granite countertops, beautiful cabinetry, built-in wall oven and microwave, and designer vent hood. The breakfast area is perfect for casual meals! The spacious master suite is separated from the other bedrooms, has its own access to the four-seasons room, and has an en suite with soaking tub, separate shower, double vanity, and huge walk-in closet. This well-designed floor plan has two guest bedrooms and a full bathroom located next to the study, and two additional guest bedrooms with a full bathroom off the breakfast area. There is also a dedicated laundry room with cabinets for storage. Additional features include tile flooring in main living areas, crown molding, tray ceilings, and recessed lighting. Outdoors there is an irrigation system, gutters, 2-car garage, and video doorbell. Call today for a showing! Buyer to verify all information in this listing, including room sizes.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 15, 2025 | Sold | ||
| Sold | |||
| Jun 23, 2025 | In contract | - | |
| In contract | |||
| Jun 4, 2025 | Price Decreased |
$689,999
↓ $10K
(1.4%) | |
| Price Decreased | |||
| Apr 29, 2025 | Price Decreased |
$699,999
↓ $19K
(2.6%) | |
| Price Decreased | |||
| Apr 12, 2025 | Price Decreased |
$719,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017