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6201 PAYTON WAY
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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 |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Feb 18, 2026 | In contract | - | |
| In contract | |||
| Feb 11, 2026 | Listed by Long & Foster Real Estate, Inc. | $810,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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If you’re seeking something truly extraordinary—far from cookie-cutter—this is the home you’ve been waiting for. Step into this stunning home through a dramatic two-story foyer that immediately sets the tone. Enjoy newer carpet and paint throughout and a show-stopping chef’s kitchen with induction cooktop, linear dishwasher, granite countertops, and an abundance of 42" cabinetry—flowing into the dining room...perfect for both everyday living and hosting. Cozy up in the inviting family room featuring a gas fireplace. The main level also offers a private office—perfect for working from home—and a convenient powder room. Upstairs offers a unique and thoughtful layout, including a private bedroom with ensuite tucked just a few steps away from the others—ideal for guests or multi-generational living. The owner’s suite is a true retreat with two oversized walk-in closets with custom organizers, a cozy sitting area, and a spa-like bath featuring a beautifully tiled oversized shower, separate vanities, and a private water closet with bidet. The lower level is where the fun begins—this space screams party! Enjoy a full theater system, an expansive wet bar with sink, dishwasher, and refrigerator, a full bathroom, and ample storage. Practical upgrades include water conditioning equipment, a tankless on-demand water heater and a radon remediation system, giving you peace of mind along with plenty of room to store all your extras. Outside, three season landscaping frames the property, while the backyard is an entertainer’s dream featuring a huge paver patio with sitting wall, a covered porch complete with ceiling fan and shades, and a charming white picket fence. Located in the sought-after Linton at Ballenger community, you’ll love the neighborhood amenities and the unbeatable convenience to restaurants, grocery stores, gas stations, and major commuter routes. Homes like this don’t come around often—see it soon and get ready to be the envy of your friends.
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| Nov 23, 2020 | Sold | ||
| Sold | |||
| Sep 22, 2020 | Listed by RE/MAX Realty Group | $550,000 | |
| Listed by RE/MAX Realty Group | |||
Property Highlights
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Price/ft²
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About Ballenger Creek
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017