2437 Upper Burma 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 6, 2022 | Sold | ||
| Sold | |||
| Apr 16, 2022 | Listed by Possum Kingdom Real Estate | $549,000 | |
| Listed by Possum Kingdom Real Estate | |||
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PRIME PK DEEP WATERFRONT .53 AC LOT WITH DOCK AND PANORAMIC LAKE VIEWS on the PENINSULA. This half acre lot is an amazing build site for your Dream Lake Home with no HOA or Building Restrictions on the Lot. The Elevated views are Spectacular, and the Sunsets are absolutely Breathtaking. The Dock features a Boat Slip with Lift, and a Lift for Jet Ski's as well. Enjoy the RV and Hot Tub which convey, while you plan your new build. The lot is also located close to an Entry Point for the Hiking and Biking Trails on the Peninsula, and a short distance to amenities, Restaurants and Shopping in the area, and a short boat ride to restaurants on the Westside as well. This Lot on the Beautiful Broadway lake area of PK, is also a quick trip to the Iconic Hell's Gate of Possum Kingdom. PK Metered Water and Electric are installed. Retaining Wall was recently built to install Septic leach field but Septic system still needs to be permitted and installed to accommodate size of house to be built.
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| Jun 11, 2021 | Sold | ||
| Sold | |||
| Feb 3, 2021 | Listed by Coldwell Banker Realty | $399,000 | |
| Listed by Coldwell Banker Realty | |||
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Views for days! This amazing build site is a blank canvas for your dream Lake Home. Elevated waterfront lot will come with private boat dock with lift installed and ready to go. No second story required to enjoy the panoramic sunsets looking towards Possum Kingdom State Park on the opposite shoreline. This lot boasts multiple choices for your perfect home location. Retainer walls and stone walkway in place. Enjoy the RV and Hot tub that do convey until you build!
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| Jan 2, 2021 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017