28 Burbank Lane
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 |
|---|---|---|---|
| Jun 4, 2024 | Sold | ||
| Sold | |||
| Mar 22, 2024 | Listed by Keller Williams Realty | $670,000 | |
| Listed by Keller Williams Realty | |||
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Nestled on an expansive and secluded 2.7 acre parcel, this meticulously crafted residence will captivate the most discerning buyer. Upon stepping inside, attention is immediately drawn to the wide wood floor planks, ample natural light, and the home's thoughtful layout. The main level boasts a spacious living room with a brick fireplace and access to the screened-in porch, a formal dining room, a well-appointed kitchen, a breakfast nook with another brick fireplace, and a full bathroom. The second level offers two bedrooms and a full bathroom. The walkout lower level extends the living space with a workout area and additional space, along with a laundry room and ample storage options. Each room captures serene views of the picturesque grounds. Outside, the sprawling lot invites boundless potential for outdoor enjoyment and expansion.
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| Sep 16, 1999 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017