1520 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 |
|---|---|---|---|
| May 27, 2025 | Sold | ||
| Sold | |||
| Apr 21, 2025 | In contract | - | |
| In contract | |||
| Dec 1, 2024 | Listed by Ohana East Coast Realty | $545,000 | |
| Listed by Ohana East Coast Realty | |||
| | |||
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Welcome to a charming and comfortable home that offers a warm and welcoming atmosphere from the moment you step inside. Built in 2012, this well-maintained residence features thoughtful design elements that make it both functional and inviting. As you enter, you'll notice the tall ceilings with tray accents that create a sense of openness throughout the spacious floor plan.
The two front bedrooms are generously sized, offering ample closet space and plenty of natural light. They share a well-appointed bathroom with granite countertops, providing a practical and attractive space for family or guests.
The main living area is designed with an open layout that seamlessly connects the living room, dining area, and kitchen. This setup is perfect for everyday living and casual gatherings. A large four-panel sliding glass door opens onto an oversized screened-in porch, allowing you to enjoy the peaceful surroundings in comfort, whether you're starting your day with a cup of of coffee or unwinding in the evening.
The kitchen is equipped with stainless steel appliances, granite countertops, and cabinetry with crown molding, providing a functional space for cooking and meal prep. The frosted pantry door adds a nice touch, and the adjacent laundry room, complete with matching cabinetry and a brand-new washer and dryer, offers additional storage and convenience.
The master suite serves as a comfortable retreat, with a spacious bedroom and an en-suite bathroom that includes a double vanity, granite countertops, and a walk-in shower. A walk-in closet provides ample space for your wardrobe, making it easy to stay organized.
Located near the end of a quiet cul-de-sac, this home offers a sense of privacy while still being part of a friendly community. The neighborhood includes a range of amenities that cater to a relaxed lifestyle, and the home's location is just minutes from shopping, dining, and entertainment options.
With the beach only 10 minutes away and theme parks and the airport approximately 45 minutes from your door, this home offers both convenience and the opportunity to enjoy all that the area has to offer. Don't miss out on the chance to make this lovely home your own - schedule a showing today!
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| May 18, 2023 | Sold | ||
| Sold | |||
| Apr 7, 2023 | Listed by RE/MAX Aerospace Realty | $499,900 | |
| Listed by RE/MAX Aerospace Realty | |||
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About Capron Ridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017