243 Burbank Road
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 |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| Jun 23, 2024 | In contract | - | |
| In contract | |||
| Jun 14, 2024 | Listed by William Raveis R.E. & Home Services | $324,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Don't miss OPPORTUNITY to own this CHARMING ranch w/refinished interiors, loads of natural light through replacement windows & fantastic LOCATION w/i short distance to town center & all 3 levels of school. Home highlights refinished hardwood flooris & freshly painted interiors throughout (’24). Generous living room has wood burning fireplace w/detailed wood mantel, quaint nook w/bay window & improved sight line to renovated kitchen w/new half wall. Dining room features custom corner built-in cabinet leading to kitchen & sunroom. Renovated kitchen features plank tile flooring, granite tops, new stainless appliances, white wood cabinetry w/rubbed bronze hardware & exterior door leading to patio & private backyard. Cozy sunroom has LVP flooring, painted beadboard ceiling & electric heat. Bedroom wing features generous main bedroom, light & bright second bedroom/home office & freshly updated full tiled bath. Loads of storage & potential in walk-up attic. New electrical service throughout.
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| Apr 1, 1986 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017