1319 Bailey Lane
About This Property
Built in 2019, this thoughtfully designed zero-lot home is ideal for those seeking comfort without compromise. The first floor is dedicated to effortless living and entertaining, featuring granite countertops, a deep sink, and Whirlpool appliances including a gas double-oven range-perfect for hosting or enjoying quiet evenings at home. Ample storage throughout, the home ensures everything has its place, supporting a clutter-free, simplified lifestyle.
Upstairs, the home offers privacy with all bedrooms located away from the main living space, plus a bonus second living area ideal for a home office, play area, or home gym. The primary suite is both elegant and functional, with French doors leading to the ensuite bath, a spacious walk-in shower, and a generously sized closet.
This home has been meticulously maintained, with regular servicing of both the HVAC system and tankless water heater-offering true turnkey peace of mind for buyers who value efficiency and reliability.
Step outside to an expansive green space directly out the front door-a bonus for pet owners and anyone who enjoys open views without the upkeep. Nearby Watters Crossing Park and Nature Preserve provide trails and outdoor recreation, while quick access to Highway 75 and 121 makes commuting effortless. The Allen Rec Center is just three miles away, adding another layer of lifestyle convenience.
Zoned to exemplary schools, including Norton Elem, and set within an established community, this home offers the perfect blend of sophistication, simplicity, and location. An ideal lock-and-leave opportunity for those ready to elevate their everyday living.
New carpet allowance as well as refrigerator, washer and dryer included with strong 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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 27, 2026 | Sold | ||
| Sold | |||
| Feb 11, 2026 | In contract | - | |
| In contract | |||
| Jan 9, 2026 | Listed by Coldwell Banker Apex, REALTORS | $515,000 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
| May 8, 2020 | Sold | ||
| Sold | |||
| Jun 13, 2019 | Listed by Meritage Homes Realty | $366,990 | |
| Listed by Meritage Homes Realty | |||
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Brand NEW energy-efficient home ready NOW! This Devonshire offers a modern open concept main level with generously sized living spaces. The upstairs loft makes a great home office or play room, while the owner’s suite offers a private space to unwind. Take advantage of the miles of hiking and biking trails nearby or head out on the town, with restaurants and entertainment only a short drive away. Known for their energy-efficient features, our homes help you live a healthier and quieter lifestyle while saving thousands of dollars on utility bills.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017