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2311 W Clark Avenue
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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 |
|---|---|---|---|
| Jan 22, 2026 | Sold | ||
| Sold | |||
| Dec 25, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Listed by Equity Union | $2,399,000 | |
| Listed by Equity Union | |||
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Enjoy contemporary Burbank living at its finest in the desirable Magnolia Park district. This nearly new and impeccably rebuilt two-story 4 bedroom-4.5 bath architecturally redesigned residence offers a blend of luxury and comfort. From the moment you arrive, the home’s sleek modern lines and landscaped front yard with premium turf create inviting curb appeal. Inside, an open floor plan showcases a formal living room with abundant natural light, recessed lighting throughout, and wide plank birch cedar style flooring. The formal dining area connects to the kitchen and features a glass enclosed wine display that is both stylish and functional. The chef inspired kitchen includes premium Sub-Zero and Wolf appliances, quartz countertops, custom cabinetry, a large center island, and generous pantry storage behind double doors. From the kitchen, enjoy views into the spacious family/media room with an electric fireplace and sliding doors that open to the backyard oasis. The main level also includes a versatile en-suite bedroom ideal for guests or a private office, along with a powder room under the staircase. Upstairs, a generous landing offers space for a sitting area or workstation. Three additional en-suite bedrooms provide organized closets and natural light. The luxurious primary suite features an electric fireplace, dual walk-in closets, and French doors opening to a private balcony ideal for morning coffee or evening relaxation. The spa inspired primary bathroom includes a freestanding soaking tub, an oversized glass enclosed shower, dual vanities, and elegant tile finishes. The backyard has been transformed into an entertainer’s paradise with a sparkling new pool and spa, a patio for lounging, a covered patio for dining or shade, mature trees for privacy, and a layout of concrete pads creating a versatile outdoor living area with a cozy fire pit. Additional features include paid off solar panels, all new electrical and plumbing, two tankless water heaters, dual HVAC with Nest thermostats, high efficiency windows and doors, and a spacious indoor laundry room with abundant cabinetry and backyard access. The oversized two car garage with alley access offers excellent ADU potential with underground wiring in place and ready for EV charger installation. Located minutes from local favorites, studios, freeways, parks, cafés, and the vibrant Magnolia Park district, this exceptional home delivers refined living in one of Burbank’s most sought-after neighborhoods.
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| Dec 14, 2018 | Sold | ||
| Sold | |||
| Jul 18, 2018 | Listed by Keller Williams WMC | $1,495,000 | |
| Listed by Keller Williams WMC | |||
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About Burbank
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017