1724 Burgundy
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 |
|---|---|---|---|
| Dec 8, 2025 | Sold | ||
| Sold | |||
| Oct 31, 2025 | In contract | - | |
| In contract | |||
| Oct 21, 2025 | Price Decreased |
$1,700,000
↓ $49K
(2.8%) | |
| Price Decreased | |||
| Oct 1, 2025 | Listed by Compass | $1,749,000 | |
| Listed by Compass | |||
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Nestled high in the hills of Leucadia, 1724 Burgundy offers sweeping ocean views and a lifestyle that blends coastal charm with everyday comfort. This lovingly maintained, single level residence has been cared for with pride, creating a home that feels both welcoming and move-in ready. Large windows and open living spaces frame the sparkling Pacific, filling the home with natural light and breathtaking sunsets each evening. The thoughtful floor plan flows effortlessly, with generous indoor and outdoor living areas designed for entertaining or quiet relaxation. Every detail has been attended to, from the pristine landscaping to the well-kept interiors, giving the property a timeless appeal. Whether you’re enjoying morning coffee on the patio or winding down with ocean breezes at sunset, this home captures the very best of Leucadia living. About Skyloft: A tight knit, quiet community perched in the hills of Leucadia that features a pool, spa, tennis/pickleball courts, clubhouse, and well-maintained walking trails and grounds.
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| Aug 20, 2016 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017