27 Burroughs 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 |
|---|---|---|---|
| Oct 13, 2020 | Sold | ||
| Sold | |||
| Aug 20, 2020 | Listed by Compass | $950,000 | |
| Listed by Compass | |||
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NEW CONSTRUCTION with BREATHTAKING WATERFRONT VIEWS from all FOUR FINISHED LEVELS! This house was specially designed to take advantage of its location and customized by the builder himself, with attention to detail and thoughtful touches throughout. WALLS OF WINDOWS direct all views toward the water and bring the outside in. Bathed in NATURAL LIGHT, the OPEN FLOORPLAN kitchen, DR & LR is the perfect space for everyday living and parties. There is a 1st floor bedroom w/direct access to a full bath which allows handicap accessibility. The dreamy WATERFRONT MASTER SUITE is roomy enough for lounging and sleeping and features a walk-in closet and SPA-LIKE BATH with a gorgeous tiled shower and soaking tub. There’s a BONUS ROOM in the walk-up attic and the finished lower level has a SHOW STOPPER FAMILY ROOM with a mini-kitchen for easy indoor and outdoor entertaining, as well as dedicated space for a home office and home gym – all with GREAT LIGHT and WATERVIEWS! Shown by appointment only.
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| Oct 18, 2019 | Sold | ||
| Sold | |||
| Apr 17, 2019 | Listed by RE/MAX Renaissance Inc. | $350,000 | |
| Listed by RE/MAX Renaissance Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017