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5516 Maple Lane
About This Property
Welcome to this beautifully updated 3-bedroom, 2-bath home in Rowlett.
This home features recent updates that give it a fresh, modern feel while still leaving room to add your personal touch. Enjoy updated flooring throughout, fresh interior paint, and a renovated primary suite designed for comfort. The primary bathroom boasts an upgraded shower and updated countertops throughout, creating a clean and stylish retreat.
The spacious layout offers a functional flow between living, dining, and kitchen areas, perfect for both everyday living and entertaining. With solid improvements already completed, this home is move-in ready and a great opportunity in a desirable area.
Don't miss your chance to own a well-maintained home with thoughtful updates at an incredible value.
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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 31, 2026 | Sold | ||
| Sold | |||
| Jun 26, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Price Decreased |
$270,000
↓ $10K
(3.5%) | |
| Price Decreased | |||
| May 26, 2026 | Price Decreased |
$279,900
↓ $8K
(2.8%) | |
| Price Decreased | |||
| Apr 28, 2026 | Price Decreased |
$287,999
↓ $7K
(2.4%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017