6 Park Lane
About This Property
From the moment you arrive, the Austin stone exterior with its elegant brick smear creates immediate impact and curb appeal. A secondary front entrance leads directly to the resort-style backyard, complete with a sparkling swimming pool, koi pond, and a spacious patio that seamlessly connects to the enormous 4+ car garage-fully outfitted with workbenches, storage, and everything an over-prepared garage enthusiast could want.
For those who need even more space, the property includes a covered shed ideal for tractors, RVs, or boats, plus a huge man cave that checks every box. And yes-there's even a dedicated she shed, giving everyone their own retreat.
Inside, thoughtful updates elevate the home throughout. The renovated primary suite features a beautifully redesigned bathroom with a stunning, fully remodeled shower. A large living room addition expands the home's entertaining footprint, creating the perfect gathering space for family and friends. Seller is open to leaving a variety of furnishings and non-realty items, giving the buyer an incredible value add. This could be a major win for whoever purchases this property.
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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 15, 2026 | Price Decreased |
$1,389,999
↓ $10K
(0.7%) | |
| Price Decreased | |||
| Mar 26, 2026 | Listed by RE/MAX Dallas Suburbs | $1,399,999 | |
| Listed by RE/MAX Dallas Suburbs | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017