1085 Burroughs Rd
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 |
|---|---|---|---|
| Oct 27, 2020 | Sold | ||
| Sold | |||
| Jun 10, 2020 | Listed by Coldwell Banker Realty - Northborough | $945,000 | |
| Listed by Coldwell Banker Realty - Northborough | |||
| Jun 20, 2019 | Sold | ||
| Sold | |||
| Mar 7, 2019 | No longer available | - | |
| No longer available | |||
| Mar 6, 2019 | Listed by Redfin Corp. | $948,900 | |
| Listed by Redfin Corp. | |||
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You will not find a higher quality built 2019 home! Brand new and ready for immediate occupancy! This house has everything the discerning 2019 buyer requires. Level I features 9-ft ceilings, hardwood floors, crown moldings, open concept eat in kitchen which flows into the family room w/fireplace, formal dining room w/tray ceiling, mudroom w/custom built-ins, first floor study, first floor full bath w/upgraded tile shower, & more! Level II boasts an enormous master suite featuring upscale bath with walk in tile shower, free standing soaking tub, two walk in closets, & sitting area. Three additional bedrooms, 2nd floor laundry & walk-up attic complete level II. All cabinetry & vanities are hand built locally & flooring throughout is hardwood, marble, or tile (no carpet). Warm, inviting, and maintenance free farmers porch & rear deck overlook flat back yard. 2 min from I-495, 5 min from Rt 2, 28 minutes to the Red Line/Cambridge and 39 minutes to North Station via Acton express train.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017