10872 BURR OAK WAY
About This Property
This is a sought after location in Burke Centre . The Oaks . Lovely matured community in a great location right off of Rte 123 but close to all the Burke Centre amenities . Fabulous 3 level colonial on nice corner lot in the popular Burke Centre subdivision, 2 car garage with lots of space , formal living room , formal dining room, family room off kitchen with eat in area with access from garage, spacious bedrooms, fresh paint in many rooms of the home, hardwoods on main level, sliding doors to back yard, laundry room in basement lots of storage rooms in basement, square footage in basement is approximate ,
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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 |
|---|---|---|---|
| Jan 2, 2025 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Nov 15, 2024 | Listed by Carter Real Estate, Inc. | $839,000 | |
| Listed by Carter Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017