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2449 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 |
|---|---|---|---|
| Sep 3, 2026 | Price Decreased |
$3,995,000
↓ $255K
(6%) | |
| Price Decreased | |||
| Jul 3, 2026 | Listed by Possum Kingdom Real Estate | $4,250,000 | |
| Listed by Possum Kingdom Real Estate | |||
| Sep 26, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jul 8, 2025 | Price Decreased |
$4,495,000
↓ $505K
(10.1%) | |
| Price Decreased | |||
| Nov 14, 2024 | Listed by Compass RE Texas, LLC | $5,000,000 | |
| Listed by Compass RE Texas, LLC | |||
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Private lake house with spectacular broad views of Possum Kingdom lake! Finished in 2023, this custom built home is located on a wooded lot on a quiet road with waterfront access & a deep water dock. The open floor plan features oversized sliding Marvin doors that open to a 60' long deck overlooking the water & a staircase with direct access via a paved path to dock. Finishes include wide plank engineered wood floors, elegant 10'x6' porcelain kitchen island, custom cabinetry & lighting throughout. The large study can be used as an office, den or media room. Upstairs features a large game room with wet bar, outdoor covered patio with impressive views & 3 large bedrooms in addition to a dedicated exercise studio. The spacious covered deck spans the length of the house with plenty of room for entertaining & gatherings! Ideal for hosting the house can easily sleep 12 or more. The spacious kitchen includes a separate coffee bar, pantry with additional refrigerator & a laundry room with dual stacked washers & dryers.
The gated motor court has space for multiple vehicle parking.
Water filtration system uses RO to supply water to home with a separate aerobic septic system.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017