16 BURNELL Drive
About This Property
You enter the home into the foyer(10'6'' x5'6'') with more then ample size coat closet. The split floor plan features a master suite(12'x15'), newly remodeled master bath(11'6''x10) newly tiled new walk in shower,36'' high quartz double sink counter, new taller height toilet and walk in closet. Second bedroom(9'10''x13'2'') and third bedroom(10'10''x11') both have new carpets and large closets. The 2nd bath (9'6''x5') has new taller height toilet, new flooring and large linen closet. New granite counters, stainless steel appliances and deep double sinks are in the newly renovated kitchen with breakfast nook, large pantry and separate laundry room with washer, dryer and utility sink.
Living room and dining room combine to create a great room(14'6"x22'2") featuring cathedral ceilings and plant shelves lead through French doors to newly finished Florida room (19'2"x9'6"). This sun filled room is enclosed in high wind resistant windows.
There's a2 car attached garage and 5 car driveway. Your 6' PVC privacy fence has two separate 5' gates and a 12' gate to access the backyard with all your recreational toys. Outback you will enjoy quiet and complete privacy along with patio, spa and bbq areas. The oversized lawn boasts Florida plants banana trees and custom outdoor shower. There's also a 200sq. ft. shed with side porches and center ramp.
The house has ceiling fans in each room and custom-plantation blinds. The asphalt roof is 4 years old. Central air is 4 years old. The irrigation well is less then 1 year old. This block stucco house was built in 1996.
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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%.
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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.
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 |
|---|---|---|---|
| Jun 16, 2021 | Sold | ||
| Sold | |||
| Apr 15, 2021 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $329,900 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
| Jan 11, 2018 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | $175,500 | |
| Listed by KELLER WILLIAMS REALTY ATLANTIC PARTNERS SOUTHSIDE | |||
| Mar 12, 1996 | Sold | ||
| Sold | |||
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About Indian Trails
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017