1559 Burgundy Rd
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 |
|---|---|---|---|
| Jan 22, 2020 | Sold | ||
| Sold | |||
| Apr 25, 2019 | Listed by Swell Property | $1,599,000 | |
| Listed by Swell Property | |||
| Mar 26, 2012 | Sold | ||
| Sold | |||
| Dec 9, 2011 | Listed by Petrone Properties, Inc | $1,200,000 | |
| Listed by Petrone Properties, Inc | |||
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Exquisite single story ocean view coastal home. Upgrades galore on nearly half acre lot. Located at the top of a private street, walking distance to Capri Elem. Detached guest house. Also detached office, detached house for dogs, and play house. Amazing detail & finishes thruout. Upgraded stainless appliances and beautiful built in refrig. Garden lovers dream with various palms, flowers and garden boxes. Lots of natural light with multiple skylights & French doors leading to outdoor living garden oasis. [Supplement]: Incredible opportunity to take advantage of the wealth of upgrades and renovations already invested and completed in an incredible location. No expense spared, you will be delighted. Rock waterfall by the pool, granite counters on the outdoor poolside barbeque. Built-in flatscreen in the master bedroom.Very private with access up a private street off Burgundy. A very short walk to the highly sought after Capri Elementary School.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017