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239 CONOVER STREET
About This Property
The first floor features a large living room, ideal for family gatherings or entertaining guests. The eat-in kitchen offers plenty of space for meals and everyday living, with lots of potential to modernize and personalize. Each level of the home offers ample natural light and original character, providing a solid foundation for a creative renovation.
While the property is being sold strictly "As-Is, Where-Is," it presents tremendous potential for the right buyer. Buyers will be responsible for all inspections, certifications, and obtaining the Certificate of Occupancy (CO). With some vision and effort, this home can be transformed into a beautiful and functional space.
Situated in a great location, this home is conveniently close to local shopping, public transportation options, schools, parks, and major roadways, making commuting and daily errands a breeze. Burlington City offers a mix of small-town charm and urban convenience, with a vibrant community and rich historical roots.
Whether you're an investor looking to renovate and resell, or a homeowner eager to restore a classic property to its full potential, don't miss this unique opportunity. Schedule your showing today and explore the possibilities this home has to offer!
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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 |
|---|---|---|---|
| Jul 10, 2026 | Sold | ||
| Sold | |||
| Oct 2, 2025 | Listed by Home Journey Realty | $70,000 | |
| Listed by Home Journey Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017