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1016 Burnet Drive
About This Property
The chef's kitchen offers KitchenAid black stainless appliances, convection oven, granite countertops, large island, and travertine backsplash. Relax in the luxurious owner's suite with sitting area, bay window, soaking tub, and separate shower. Enjoy the backyard oasis with pergola, outdoor fireplace, built-in BBQ, herb garden, and 8-ft privacy fence. Recent updates include fresh paint (interiors and cabinets), RO water system, new lighting, fans, hardware, blinds, landscaping, and kitchen cooktop. Conveniently located near Hwy 75, 121, shopping, dining, and entertainment.
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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 21, 2026 | No longer available | - | |
| No longer available | |||
| Jul 19, 2026 | Price Decreased |
$729,900
↓ $20K
(2.7%) | |
| Price Decreased | |||
| May 30, 2026 | Listed by Citiwide Alliance Realty | $749,900 | |
| Listed by Citiwide Alliance Realty | |||
| Feb 27, 2023 | Sold | ||
| Sold | |||
| Oct 20, 2022 | Listed by Keller Williams Realty Allen | $719,000 | |
| Listed by Keller Williams Realty Allen | |||
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~WARNING: You are about to fall in love~ Marvelous 5BR home in awesome Allen location at a fantastic price! M Christopher Cstm masterpiece w splendid curb appeal, beautiful brick & stone, gable trim accents, lovely landscaping, covered front porch & arch-covered entry! Instantly envision your life unfolding & your dreams coming true the moment you set foot inside, where gorgeous hrdwds, soaring ceilings, cstm cbnts, o-sized b-boards & select updates abound! Cross vaulted ceilings, timeless faux finishes, MIL Ste (perfect for Study), Game Rm w wet bar, Media, 2 walk-in attics w storage galore, stone gas log f-place, Chef’s Kitch w KitchenAid black SS appls, conv oven & microwave, level 5 granite, Island, travertine b-splash, Owner’s Ste w seating, bay window, tub w sep seated shower & MORE! Dream backyard w pergola, f-place, built in BBQ, herb garden, 8’ BOB fence & side yard! 3-Car w cstm built-ins! Minutes to 75, 121, Village @ Allen, Fairview Twn Cntr, Allen Outlets & More! MUST SEE!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017