224 Burt Rd
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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Sep 12, 2024 | In contract | - | |
| In contract | |||
| Sep 4, 2024 | Listed by Kempf-Vanderburgh Realty Consultants, Inc. | $349,900 | |
| Listed by Kempf-Vanderburgh Realty Consultants, Inc. | |||
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Highest and Best by Mon. 9/9 @ 4pm. Nestled on a quiet side street, this charming 3 Bedroom, 1.5 bath colonial is your next chapter in home ownership! The first floor offers a large front to back living room with a stately fireplace, well planned kitchen, a quant formal dining space, a half bath, AND hardwood floors and replacement windows throughout. Off of the living room is a nice sized heated sun room with a view of the backyard. Upstairs you will find more hardwood floors and replacement windows in all 3 bedrooms. The primary and second bedrooms have awesome walk-in closets. Rounding off the 2nd floor is an updated full bath. The basement offers laundry and an additional finished room that could be great as an office, gym space, or family room. Outside you will find a spacious backyard great for entertaining. The shed is perfect for storage and no need to worry about removing winter snow from your cars with the two car garage.
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| Jul 7, 2017 | Sold | ||
| Sold | |||
| May 2, 2017 | Listed by Kempf-Vanderburgh Realty Consultants, Inc. | $210,000 | |
| Listed by Kempf-Vanderburgh Realty Consultants, Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017