13097 Burns Lane
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 |
|---|---|---|---|
| Mar 27, 2020 | Sold | ||
| Sold | |||
| Jan 29, 2020 | Listed by RITA SHAW BROKER & ASSOCIATES | $699,000 | |
| Listed by RITA SHAW BROKER & ASSOCIATES | |||
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VIEW, VIEW, VIEW. This is an amazing view of the mountains, valley, and canyon. Watch the sunrise and the sunset every day. This is also a horse property, just under an acre with a barn ready building on site. Located at the end of a quiet cul de sac, this single level home has an extremely large living. room. There is a unique and rustic rock fireplace. Brand new hardwood floors were recently installed throughout all but the kitchen and baths. These floors are real wood, not laminate. Let's talk about the basement. Yes, there is a full-sized basement below and it is finished. Use your imagination because there is a lot of space to reimagine. In the past, it was a museum for exotic rocks. Excellent Redlands schools of course.
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| Sep 29, 2017 | Sold | ||
| Sold | |||
| Jul 23, 2017 | Listed by CENTURY 21 LOIS LAUER RED | $649,000 | |
| Listed by CENTURY 21 LOIS LAUER RED | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017