1481 Bourke 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 |
|---|---|---|---|
| Aug 13, 2025 | Sold | ||
| Sold | |||
| May 27, 2025 | In contract | - | |
| In contract | |||
| Apr 16, 2025 | Price Decreased |
$599,900
↓ $18K
(2.9%) | |
| Price Decreased | |||
| Apr 5, 2025 | Price Decreased |
$617,900
↓ $12K
(1.9%) | |
| Price Decreased | |||
| Mar 20, 2025 | Listed by Redfin Corp. | $629,900 | |
| Listed by Redfin Corp. | |||
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Priced to Sell - This is a must see to appreciate _ Capron Ridge - Spacious 4-Bedroom 2.5 Bath Home with Loft & Resort-Style Amenities! VA ASSUMABLE LOAN OPPORTUNITY with 4.25% rate. Ask for more info! Nestled in the sought-after gated community of Capron Ridge, here you will find both comfort and style. Upon arrival, you'll be welcomed by a paver driveway and charming front rocker porch. Inside, the open-concept design seamlessly connects the living and dining areas, featuring engineered hardwood flooring, while the kitchen and family room boast tile flooring, quartz countertops, stainless steel appliances, ample cabinet space, and a cozy breakfast nook. A separate dinette area provides additional space for casual dining. Upstairs, the four bedrooms and versatile loft space offer flexibility for a home office, media room, or play/living area. The primary is nicely oversized. The interior laundry room is conveniently located on the second floor for easy access. Step outside to your private backyard retreat, featuring a pergola with a propane firepit, string lights, and a fully fenced yard with white vinyl fencing perfect for relaxation or entertaining. Whole home water filtration system and updated HVAC with UV light are recent updates!
Capron Ridge is more than just a neighborhood it's a lifestyle. Residents enjoy: Resort-style community center with a serving kitchen, fireplace, and seating area there is a Expansive heated lap pool with a palm tree-lined deck and lakeside views. A Tot lot, picnic pavilion, soccer field, beach volleyball, basketball, tennis & pickleball courts and miles of private walking trails with lighted sidewalks, docks, and scenic pathways. The community offers four docks, one bridge, and shuffleboard courts. Located just minutes from shopping, dining, and top-rated schools, this home offers the perfect blend of tranquility and convenience. Schedule your private tour today!
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About Capron Ridge
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$3,000 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017