2511 PORT LANE
About This Property
There is a builder tie-in with Battaglia Homes. No HOA. The lot is currently vacant. Photos shown are of a model home for marketing purposes.
**Price reflects purchase of House ONLY - Lot not Included - Please see Lot listing for details
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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 28, 2025 | Listed by American Premier Realty, LLC | $1,250,000 | |
| Listed by American Premier Realty, LLC | |||
| Oct 22, 2025 | Price Decreased |
$339,000
↓ $11K
(3.1%) | |
| Price Decreased | |||
| Aug 26, 2025 | Listed by American Premier Realty, LLC | $350,000 | |
| Listed by American Premier Realty, LLC | |||
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Don't miss this rare opportunity to create your custom dream home on a spacious 1.793-acre lot in scenic Fallston. Partner with Battaglia Homes to bring your vision to life—homes can be designed with a finished basement, and flexible floor plans are available to suit your lifestyle. Options include a main-level primary or guest suite, fireplace, and cathedral ceilings.
There is a builder tie-in with Battaglia Homes. No HOA. The lot is currently vacant, and the list price reflects the land only. Photos shown are of a model home for marketing purposes.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017