518 Whitney Lane
About This Property
The backyard is filled with mature red oak trees providing a peaceful view in this newer construction home!
Home also boasts a mudroom and 2 car garage on this quaint and quiet street. Fresh paint and tile installed 2024. Grand Heritage neighborhood includes a resort style pool, splash pad, business center, and gym! Bloomfield home, Willow floor plan.
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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 |
|---|---|---|---|
| Jun 16, 2025 | Sold | ||
| Sold | |||
| May 18, 2025 | In contract | - | |
| In contract | |||
| Jan 16, 2025 | Listed by Compass RE Texas, LLC. | $329,900 | |
| Listed by Compass RE Texas, LLC. | |||
| Jun 2, 2022 | Sold | ||
| Sold | |||
| Sep 1, 2021 | Listed by Classic Property Management | $347,031 | |
| Listed by Classic Property Management | |||
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New construction from Bloomfield Homes, est. complete March 2022! Single story with 3 beds, 2 baths, and open concept living space. Porcelain Wood-look Tile in main living areas; Upgraded carpet in bdrms. Modern Gourmet Kitchen with SS Appliances, flat panel cabinets, and Subway Tile backsplash. Kitchen totally open and flows right into the Brkfst Nook & Family room, with large windows bringing in natural light. Study at front of home w bay window & glass French doors. Primary bath upgraded to include garden tub, shower, & dual sinks. Large bedrooms, Mud room, and 2-car garage. Covered Back Patio off Family Room & fully fenced backyard w mature trees! Call or visit our Grand Heritage model to learn more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017