728 Wayne Lane
About This Property
The updated kitchen is a standout feature, showcasing granite countertops, newer cabinetry, under-cabinet lighting, a gas range, cork flooring, and a skylight that fills the space with natural light. Both bathrooms were remodeled in 2024. Gorgeous hardwood floors, dual-pane windows, and a classic white brick wood-burning fireplace create a warm and inviting atmosphere throughout the home.
Step outside to a private backyard designed for both relaxation and productivity, featuring raised galvanized garden beds, mature fruit trees including fig, lemon, mandarin, and guava, plus automatic irrigation for easy maintenance. Recent exterior improvements include new stucco and exterior paint, enhancing both curb appeal and long-term value. Newer stucco and exterior paint in 2021.
Conveniently located near schools, parks, shopping, and everyday amenities, this move-in-ready home offers the perfect combination of comfort, style, and location. Whether you're looking for your first home, room to grow, or a well-cared-for property in a desirable Chico neighborhood, 728 Wayne Lane is ready to welcome you home.
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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 |
|---|---|---|---|
| Aug 24, 2026 | Sold | ||
| Sold | |||
| Aug 10, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Listed by Re/Max of Chico | $460,000 | |
| Listed by Re/Max of Chico | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017