2227 BURPEE Drive
About This Property
THIS NEWLY REMODELED SINGLE-FAMILY CONCRETE BLOCK POOL HOME WITH 1,3600 SQ FT OF LIVING SPACE, 4 BEDROOMS, 2 BATHROOMS, A CAR PORT WITH A LARGE COVERED PATIO NEXT TO YOUR PRIVATE POOL ON A FULLY FENCED BACKYARD.
Recent Improvements include a new roof, a freshly painted interior & exterior, a fully remodeled kitchen with new, elegant white cabinets, new quartz countertops with a backsplash, new stainless steel appliances & New Recessed lights.
New laminate floors in the living room & the previous owner had replaced the floors in the bedrooms.
The addition is currently being used as a large dining room, but can double as 4th bedroom or a work/play room.
The previous owner had replaced the AC System and electrical panel & updated the plumbing to CPVC.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 28, 2025 | Sold | ||
| Sold | |||
| Sep 10, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Price Increased |
$270,000
↑ $600
(0.2%) | |
| Price Increased | |||
| Sep 4, 2025 | Price Decreased |
$269,400
↓ $100
(0%) | |
| Price Decreased | |||
| Aug 30, 2025 | Price Decreased |
$269,500
↓ $200
(0.1%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Southwest Jacksonville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017