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15212 BAILEYS LANE
About This Property
Upstairs are four exceptionally spacious bedrooms and three full baths. The primary suite features a custom walk-in closet and ensuite bath with dual sinks, soaking tub and separate shower. A second bedroom enjoys its own ensuite, while two additional bedrooms with vaulted ceilings share a third full bath.
The finished lower level adds a fifth bedroom, full bath and dedicated home theater, creating an ideal space for movie nights and entertaining. A custom laundry room with built-in cabinetry and a two-car garage complete the home.
Ideally located with quick access to the ICC and major commuter routes, with shopping, dining, parks and recreation nearby.
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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 |
|---|---|---|---|
| Oct 4, 2026 | In contract | - | |
| In contract | |||
| Sep 15, 2026 | Price Decreased |
$895,000
↓ $50K
(5.3%) | |
| Price Decreased | |||
| Aug 14, 2026 | Listed by Northgate Realty, LLC | $945,000 | |
| Listed by Northgate Realty, LLC | |||
| Mar 13, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017