5516 Baythorne DR
About This Property
Welcome to this beautifully maintained 3-bedroom, 2-bath home, ideally situated on a corner lot directly across from the community pool and park. The open layout and thoughtful design make this home perfect for families and entertaining.
The spacious primary suite features a large bedroom, private bath, and a generous walk-in closet. Two additional bedrooms are smartly positioned with a shared full bathroom just steps away-ideal for kids, guests, or roommates. Both rooms have recently updated carpet, offering comfort and style.
Work from home with ease in the front-facing office, complete with hardwood floors, large window, and elegant French doors for added privacy.
The heart of the home includes a kitchen, dining area, and living room-all with easy-to-maintain tile flooring. The open-concept layout creates a warm and inviting space for gatherings.
Enjoy the outdoors on the cozy covered patio-perfect for morning coffee or evening star gazing Or on the covered porch in the front. The 2-car garage plus alley and street parking provide plenty of space for vehicles and guests.
Located in the highly desirable GoodNight Ranch community, residents enjoy top-rated schools and great amenities including parks, trails, and a welcoming neighborhood vibe.
Don't miss this opportunity to own a well-designed, move-in-ready home in one of the area's most sought-after communities!
**This property qualifies for up to $17,500 in down payment and closing costs grants, ask agent for details.**
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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 |
|---|---|---|---|
| Jun 13, 2025 | Price Increased |
$415,000
↑ $20K
(5.1%) | |
| Price Increased | |||
| Jun 12, 2025 | In contract | - | |
| In contract | |||
| May 29, 2025 | Listed by Cultivate Realty Inc | $395,000 | |
| Listed by Cultivate Realty Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017