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5216 Porter Way
About This Property
As you enter this home, you are welcomed to a bright entry with large flex space just off the foyer perfect for a formal dining room or study. Continuing through the hall you will find a half bath on the main level just as you enter the great room. The main level has EVP flooring throughout features a grand living space that is open to the kitchen with center island and a spacious corner pantry for storage. The kitchen has modern white cabinets as well as granite countertops. There is a back patio just off the living area that has space for dining outdoors as well.
From the living area, there is access to the stairs leading to all bedrooms on the second level. Each bedroom has closet space and soft carpet flooring. The primary bedroom is located on the second level and features a spacious ensuite bathroom. The primary bathroom has a large closet as well as a dual sink vanity with granite countertops, shower, and separate soak tub. Next to the Primary bedroom is the upstairs laundry room and an additional linen closet.
Don't forget to ask us about available upgrades and options for this home!
The Penwell is a lovely addition to the new homes at Titus Park. Contact us today for more information or to schedule a tour of this community!
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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 |
|---|---|---|---|
| Nov 7, 2026 | In contract | - | |
| In contract | |||
| Jun 24, 2026 | Listed by DR Horton Realty of Emerald Coast, LLC | $349,900 | |
| Listed by DR Horton Realty of Emerald Coast, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017