281 Burncoat St
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 8, 2010 | Sold | ||
| Sold | |||
| Jun 24, 2008 | Listed by RE/MAX Vision | $165,000 | |
| Listed by RE/MAX Vision | |||
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Lovely corner lot on Great Burncoat Street location. Many rooms. Great potential for in home business. Furnace less then 5 yrs old. This is a "reverse mtg shortsale" with Wells FARGO Priced way below 2010 assessed value. THIS HOUSE IS A GIVE A WAY AT THIS PRICE. AND THIS PRICE IS FIRM. AS THIS IS WELLS FARGO APPRAISED VALUE. NO CASH BACK ALLOWED FOR CLOSING. ALSO WELLS FARGO POLICY. HANDS ARE TIED. THIS IS IT. TAKE IT OR LEAVE IT. CAN BE SEEN ANYTIME.
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| May 10, 1999 | Sold | ||
| Sold | |||
| Apr 2, 1999 | Listed by Townsend Center Realty | $148,500 | |
| Listed by Townsend Center Realty | |||
| Mar 19, 1993 | Sold | ||
| Sold | |||
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