15 PARK AVE
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 20, 2022 | Sold | ||
| Sold | |||
| Nov 11, 2021 | Listed by Weichert Realtors-Medford | $500,000 | |
| Listed by Weichert Realtors-Medford | |||
| | |||
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This stately 6 bedroom, 2.5 bath colonial is updated with newer lighting and fresh paint on the first floor. Located in a parklike setting and a short walking distance to the river, the home offers a front porch that wraps around to pergola for entertaining and outdoor enjoyment. A large foyer welcomes you and your guests with hardwood floors and beautiful open staircase with custom carpet runner. The enormous living room features hardwood floors, a bay window with window seat, wood burning fireplace, and door to the pergola, and overflows with natural light. The family room has hardwood floors, built-ins, a bay window, woodburning fireplace and access to the backyard. Your family and guests will enjoy th spacious dining room with tasteful chandelier. and hardwood floors. The butlers pantry is located between the dining room and kitchen and features butcher block countertops, new Bosch dishwasher, sink, and plenty of cabinets and shelves to display your dishware along with a passthrough to the kitchen. The gourmet kitchen has large updated pendant lighting, a massive island with sink and granite countertops, double oven, and 4 burner gas range with skillet and pot filler. There is a mudroom off the kitchen for backyard entry. A second staircase from the kitchen offers quick access to the second floor. The owner's suite welcomes you with a transom window, hardwood floors, WIC, ceiling fan, and wall of custom closets. The owners added a luxurious owner's bath with spacious walk-in shower, double sinks, and 4 large windows with custom window treatment. There are three additional bedrooms on this floor with hardwood floors and one has access to a balcony. The owners also added an upstairs laundry room but there is still another laundry area in the basement. The hall bath has been remodeled with shiplap walls, tile floor, and subway tiles in the shower. Moving up, this recently finished third floor welcomes you with wall-to-wall carpeting, the 5th and 6th bedrooms and a bonus room. With a detached 2 car garage, driveway parking for at least ten cars, and full basement, this home is not to be missed!
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| Sep 18, 2020 | Sold | ||
| Sold | |||
| Jul 11, 2020 | Listed by BHHS Fox & Roach-Moorestown | $379,900 | |
| Listed by BHHS Fox & Roach-Moorestown | |||
| May 30, 2012 | Sold | ||
| Sold | |||
Property Highlights
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017