22 MAYFAIR CIR
About This Property
Many cosmetic and big ticket items have turned this colonial into an absolute showpiece. High end laminate flooring stretches throughout the home, perfectly contrasting with the fresh paint and superb trim package that has been added. Each bathroom has been completely updated with high-quality tile, and your new kitchen has granite countertops and high-grade plywood cabinetry. Updated mechanicals include the furnace, condenser, water heater, and a young electric panel. A new roof, new gutters, and new interior and exterior doors complete the package.
Even the garage has been converted to additional living space! Schedule your private tour today.
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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 |
|---|---|---|---|
| Nov 24, 2021 | Sold | ||
| Sold | |||
| Aug 11, 2021 | Listed by Nationwide Homes Realty | $339,000 | |
| Listed by Nationwide Homes Realty | |||
| May 21, 2021 | Sold | ||
| Sold | |||
| Feb 26, 2021 | Listed by RE/MAX Of Cherry Hill | $219,900 | |
| Listed by RE/MAX Of Cherry Hill | |||
| | |||
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Large 3 bedroom 2.5 bath 2 story home expanded model with 2295 sq. feet located in the Millbrook section. Property is in need of renovations to place this home back to its original beauty! Property is being sold in its "as is" condition. Buyer is responsible for the Certificate of Occupancy.
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Property Highlights
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017