15 Burns Ave
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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 2, 2025 | In contract | - | |
| In contract | |||
| Oct 1, 2025 | Listed by LAER Realty Partners | $330,000 | |
| Listed by LAER Realty Partners | |||
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Step into this Ranch style home located in the heart of Sixteen Acres. The home features a living room with hardwood floors, recessed lighting, fireplace with mantel, and built in cabinets. The dining room offers natural light, Harwood floors, and is open to the renovated kitchen with maple cabinets, granite countertops, stainless steel appliances and more. Attached garage is just off the kitchen and a few steps to the tiled sunroom with access to a large deck as well as a stairway to a 26X10 finished room with vinyl plank flooring, and a half bath. The 2 bedrooms and a beautifully renovated bath are off of the entry way, and dining space offering privacy from the living area. A fenced landscaped level yard, shed, fruit trees and more make this home a must see!
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| Jan 9, 2025 | Sold | ||
| Sold | |||
| Nov 21, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017