10 Burris Way
About 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 |
|---|---|---|---|
| Aug 19, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by ELITE Realty Advisors | $549,900 | |
| Listed by ELITE Realty Advisors | |||
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Only .7 miles to Holbrook/Randolph commuter rail station!** Attention contractors, flippers and anyone with a little vision! Estate sale offers a fantastic opportunity. So, are you ready to take on the journey to turn this house into a dream home? Step into this spacious 3 bedroom home sitting on a side street featuring a sunroom leading to the deck. A fireplace family room is in the lower level with a storage room, laundry and a full bath. The main bedroom has a half bath which may have room to expand. It's a bit worn in places, but has loads of potential for someone willing to roll up their sleeves. It has good bones and a newer water heater, garbage disposal, gas range and some plumbing updates. For someone with vision, it's a golden opportunity to create something amazing. In a nutshell, this place is more than just a house - it's a chance to bring your dreams to life. Come see this fine home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017