64
Map
5101 N Wayne Drive
About This Property
The home is open, bright, and inviting, featuring cathedral ceilings and an abundance of natural light from large, towering windows. Interior updates include fresh paint throughout, no carpet, and granite countertops in both the kitchen and bathrooms. The garage was previously used as a studio and includes an air-conditioning supply vent.
Major components have been thoughtfully updated for peace of mind: roof (2021), A/C (2018), and water heater (2025). A brand-new heated saltwater pool, installed in 2025, creates a perfect outdoor retreat. New gutters surround the home, and the property is fully landscaped, reflecting true pride of ownership.
Equestrian-ready and move-in ready, the fencing is in excellent condition and prepared for your horses. The rear of the property backs up to county-owned land, offering added privacy and tranquility.
Located in Pine Ridge Estates, residents enjoy access to over 28 miles of equestrian trails throughout the community.
This property may be modest in size, but it delivers exceptional quality, updates, and lifestyle-ready for its next owner to enjoy.
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Cap Rate Calculator
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 29, 2026 | Sold | ||
| Sold | |||
| Jun 25, 2026 | In contract | - | |
| In contract | |||
| May 28, 2026 | Price Decreased |
$379,900
↓ $20K
(5%) | |
| Price Decreased | |||
| Apr 28, 2026 | Listed by ERA American Suncoast Realty | $399,900 | |
| Listed by ERA American Suncoast Realty | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017