38 Pond Lane
About This Property
The exterior sets the tone with clean architectural lines, board and batten style siding, black framed windows, and a welcoming covered entry that gives the home strong curb appeal and a custom-built presence.
Inside, oversized Andersen windows fill the home with natural sunlight, highlighting the open layout and airy feel. The main level flows effortlessly from the spacious living area into a beautifully designed kitchen with a dedicated dining area and large glass sliders to the yard. The kitchen is anchored by a waterfall-edge quartz island, two-tone cabinetry, and a full suite of Forno appliances. A standout feature is the first-floor junior primary suite with a full bath, ideal for guests, an in-law suite, or a private office. Enter from the garage into a built-in mudroom area with bench seating and hooks for bags and jackets. A powder room completes this level.
The staircase serves as a design focal point with its modern railing and dramatic window wall, bringing light into both floors and enhancing the home's architectural character.
Upstairs, the primary suite feels like a true retreat with vaulted ceilings, large windows, two walk-in closets, and a beautifully designed private bath featuring a freestanding soaking tub, oversized glass shower, and modern finishes. Three additional bedrooms are all well-proportioned and share a full hall bath. The second-floor laundry room adds everyday convenience to the layout.
The full basement (approx 1,500sqft) with high ceilings and an outside entrance offers outstanding potential for future finished living space, a recreation area, gym, or additional storage.
Additional features include central air, an energy-efficient electric heat pump heating system, propane cooking, sewer connection, 4-inch hardwood flooring throughout, and the ease and efficiency of new construction.
Set on a 60 x 100 property within the Levittown School District, this home delivers a rare combination of space, natural light, architectural detail, and modern systems in a brand new build.
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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 21, 2026 | In contract | - | |
| In contract | |||
| Oct 1, 2026 | Price Decreased |
$1,299,990
↓ $50K
(3.7%) | |
| Price Decreased | |||
| Aug 21, 2026 | Price Decreased |
$1,349,990
↓ $50K
(3.6%) | |
| Price Decreased | |||
| Aug 5, 2026 | No longer available | - | |
| No longer available | |||
| Aug 4, 2026 | Listed by Daniel Gale Sothebys Intl Rlty | $1,399,990 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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About Levittown
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017