175 Burney Street
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 22, 2023 | Sold | ||
| Sold | |||
| Sep 22, 2023 | Listed by Corcoran Classic Living | $465,000 | |
| Listed by Corcoran Classic Living | |||
| Dec 8, 2022 | Sold | ||
| Sold | |||
| Jun 3, 2019 | No longer available | - | |
| No longer available | |||
| Dec 12, 2018 | Listed | $20,000 | |
| Listed | |||
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Last we checked, there wasn't more land being created so here's your chance to own some and it's super inexpensive ! The area around the newly formed Firefly Trail will be the hot investment that you'll say, "I shoulda woulda coulda" in a few years. Buy this lot and build your own cool cottage or make income with a new rental that will pay dividends for years.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017