204 Burnham Court
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 17, 2021 | No longer available | - | |
| No longer available | |||
| Sep 8, 2021 | Listed by David Lyng Real Estate | $2,198,000 | |
| Listed by David Lyng Real Estate | |||
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Perched among mature oak trees adorned with Spanish moss, this home enjoys a birds eye view of Monterey Bay, the historic concrete ship, and stunning sunsets. This large Mediterranean style 1940's vintage home is the ideal getaway and only a short stroll before your toes touch the sand. This property is situated to provide the ultimate combination of views and privacy. The main level boasts tall exposed beam ceiling with skylights, an open living area with large living room, sunlit kitchen & separate dining room, a guest suite and oceanside deck overlooking Rio Del Mar Beach. Upstairs you have a large master suite that opens to a deck completed with sunset views over Rio Del Mar Beach. This 4 bedroom, 3 bath home has nearly 2600 sq.ft of living space, making it a wonderful home to entertain or just listen to the sounds of the surf. This special house basks history from its beginnings, with the front door and many iron and brass creations crafted by the widely-famed Otar the Lampmaker. The manager has listed the unit size as 2596 square feet.
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| Dec 7, 2018 | Sold | ||
| Sold | |||
| Sep 18, 2018 | Listed by Real Options Realty | $1,590,000 | |
| Listed by Real Options Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017