11 Burroughs Road
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 |
|---|---|---|---|
| Sep 23, 2016 | Sold | ||
| Sold | |||
| Aug 1, 2016 | Listed by William Raveis R.E. & Home Services | $439,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Updated, remodeled 4 bedroom Colonial in the Pond Neighborhood w/Sandy Beach, fishing derby's, skating, boating, holiday festivals. Lots of HW, updated kitchen and bath, 2nd fl has **dedicated room "semi" roughed-in plumbing.** Room for expansion on right side of house for possible family room addition. Ceiling fans in many rooms, TONS of closets & built-ins. Send the kids to the dry, carpeted basement/Den on a rainy/snowy day to watch TV. One car garage under w/workshop area. Bus stops 2 doors down for Hood School. Additional lot behind house abuts VokeSt, a dead-end street, possible room for detached 2car garage or extended play/entertainment space. All major appliances to stay as gifts. Walk to shopping plaza, restaurants, Hallmark Store, dry cleaners, Starbuck's. Close to golf course, driving range. Easy commute to rt93/128. Fast close possible!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017