1862 Burton 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 |
|---|---|---|---|
| Dec 29, 2023 | Sold | ||
| Sold | |||
| Nov 24, 2023 | Listed by Berkshire Hathaway HomeServices Starck Real Estate | $450,000 | |
| Listed by Berkshire Hathaway HomeServices Starck Real Estate | |||
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Transferred owner hates to leave his wonderful home. Several recent improvements include taking down a wall to really open up the flow on the first floor. Brand new hazel maple hardwood floors throughout the 1st floor and new carpet on the second floor. Whole house newly painted as well. Redone basement rec room is ultra modern with painted epoxy floor and painted black loft style ceiling. Additional very nice features include a 3 car garage, concrete driveway, spacious deck, perfect size yard, gazebo and shed. Convenient 1st floor laundry, 9 foot ceilings on the first floor and great schools round out the package. Come see us today, you won't be disappointed.
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| Mar 2, 2022 | Sold | ||
| Sold | |||
| Jan 27, 2022 | Listed by Keller Williams Premiere Properties | $375,000 | |
| Listed by Keller Williams Premiere Properties | |||
| Dec 1, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017