119 Burnham 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 |
|---|---|---|---|
| Aug 7, 2024 | Sold | ||
| Sold | |||
| Jun 29, 2024 | In contract | - | |
| In contract | |||
| Jun 27, 2024 | Listed by JW Real Estate, LLC | $369,000 | |
| Listed by JW Real Estate, LLC | |||
| | |||
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This well-maintained 2-bedroom, 1-bathroom ranch located on a pristine .25 acre lot is a fabulous condominium alternative! The property abuts Tewksbury and is conveniently located with easy highway access. Recent improvement include: laminate wood flooring throughout (2024), electric range (2024), hot water tank (2020) and exterior front stairs (2023). At this price and in this location, this property will not last! Open houses Saturday 6/29 from 10-12 and Sunday 6/30 from 1-3.
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| Mar 28, 2008 | Sold | ||
| Sold | |||
| Dec 4, 2007 | Listed by JW Real Estate, LLC | $194,900 | |
| Listed by JW Real Estate, LLC | |||
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Address: 335 Madison Avenue, New York, NY 10017