179 Burning Oaks 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 |
|---|---|---|---|
| Sep 4, 2020 | Sold | ||
| Sold | |||
| Feb 20, 2020 | Listed by Colonial Real Estate, Inc | $185,000 | |
| Listed by Colonial Real Estate, Inc | |||
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PRICE REDUCED TO ROCK BOTTOM LOW- This cottage style house has so many possibilities! The main level has two spacious bedrooms. Master bedroom has tray ceiling, walk in closet and bath. The second bedroom also has a walk in closet and a full bath of its own. The living room is open to the kitchen. Off the kitchen is a really good size laundry room with washer and dryer hook-ups.Off the kitchen is one of two decks overlooking the back yard. The stairs you see in the pictures-- oak railings leads to unfinished lower level. This lower level can easily another bedroom and a huge family room. Off the unfinished 2nd level is the second deck that leads to back yard. The house has a crawl space also. Lots of outdoor space to enjoy. The front of the house has a covered porch to enjoy the quiet of nature. Lots of potential in this house!
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| Mar 3, 2015 | Listed by Colonial Real Estate, Inc | $136,500 | |
| Listed by Colonial Real Estate, Inc | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017