2425 BURTON DR
About This Property
The main level also includes a convenient laundry room, powder room, and access to the attached two-car garage. Upstairs, the primary bedroom offers an en-suite full bath and a walk-in closet. Three additional bedrooms and a full bath provide ample space for family and guests. The lower level is designed for entertainment, featuring a game room with a wet bar, granite countertops, a striking wood stove with a stone hearth, a new sliding glass door, a full bath, and a bonus room with wall sconces and French doors.
Exterior features include a side entry attached two-car garage, extended driveway, custom patio, stone retaining wall, side patio, and a screened-in patio with picturesque views, buried 500 gallon propane tank
Recent updates HVAC, sliding glass door lower level, 75 gallon HWH, Whirlpool stove, microwave, stove, dishwasher, Kenmare refrigerator, washer, dryer, 35 year roof installed in 2016.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017