16 Burham Drive
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 23, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2024 | In contract | - | |
| In contract | |||
| May 15, 2024 | Listed by Signature Premier Properties | $725,000 | |
| Listed by Signature Premier Properties | |||
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Peaceful and Charming Ranch Nestled on Just Over a Half Acre of Land! This Inviting Home Is Bathed In Natural Light Complete With Soaring Ceilings. Offering Three Generously Sized Bedrooms, and Two Full Updated Bathrooms. Large Primary Bedroom w/ Walk In Closet and On Suite. Enjoy the Stainless-Steel Appliances in The Eat In Kitchen. A Chef's Dream w/ Center Island For Plenty of Prep Space and Ample Cabinets For Storage. The Fireplace in The Living Room Provides A Cozy Spot To Curl Up w/ a Good Book. Sun-Kissed Hard Wood Floors Throughout, Add Warmth to The Space. The Large Dining Room is Perfect For Entertaining. The Bonus Room Offers A Space For Home Office or Additional Living Space. Convenient Laundry On The First Floor. Featuring a Full Basement, Plenty Of Room For Recreation, Storage, Home Gym. Attached 1-Car Garage. This Home Has It all. Great Curb Appeal, A Yard Perfect For Privacy and Outdoor Enjoyment. Step Onto The New Wood Deck Overlooking The Lush, Low-Maintenance Landscaping. Don't Miss The Opportunity To Make This Charming Property Your Own!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017