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1516 WINDING WAYE LANE
About This Property
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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 |
|---|---|---|---|
| Jul 3, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| May 16, 2025 | Relisted | $485,000 | |
| Relisted | |||
| May 10, 2025 | In contract | - | |
| In contract | |||
| May 2, 2025 | Listed by Long & Foster Real Estate, Inc. | $665,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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Bright & Beautiful Split-Level Home Near Brookside Gardens!
Welcome to 1516 Winding Waye Ln, a spacious, sun-filled home nestled on a lush lot just steps from Brookside Gardens and Wheaton Regional Park. This beautifully maintained split-level offers 4 finished levels, 4 bedrooms, and 3 full bathrooms, with additional office/recreational space in the recently renovated basement.
Thoughtful upgrades include custom blinds in the living room, kitchen, home office, and primary suite, as well as a French-drain / sump pump system for peace of mind.
Enjoy the natural light streaming in from a newly added skylight in the living room and a solar tube in the kitchen, enhancing the home’s airy feel. The updated kitchen and bathrooms, refinished hardwood floors, fresh paint, and a huge walk-in closet in the master bedroom make this home truly move-in ready.
Wake up to serene, leafy views. The master bedroom and master bathroom windows look out onto the mature trees at the back of the lot, a peaceful view that may just make you fall in love with the home.
Spend your summer days on the newly painted deck, shaded by a forest of tall oaks and tulip poplars. This is the perfect urban retreat for nature lovers – while less than a 20-minute walk from the Glenmont Metro station!
Don’t miss your chance to live in this quiet, well-connected neighborhood. Schedule your tour today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017