2823 Burnham Lane
About This Property
This stunning 2025 Viera Builders home in the desirable Crossmolina subdivision offers the best of luxury, comfort, and convenience. Featuring 4 bedrooms, 4 bathrooms, plus a dedicated office space, this home is thoughtfully designed with hardwood flooring throughout, 8-foot doors, an open floor plan, an electric fireplace, and a gourmet kitchen upgrade with soft-close cabinets and upgraded granite countertops.
Enjoy Florida living at its finest with a screened-in back patio overlooking the lake and a PebbleTec saltwater pool with spa, waterfall feature, and gas heating. Inside the spacious master suite, you'll find double vanities, a private water closet, and a massive walk-in closet.
Upstairs, a loft/bonus room and 4th bedroom provide flexible living space. The home also boasts impact windows in the front and upstairs, shutters for the rest, smart-home features, and a 2-year builder warranty. Ideally located next to the future clubhouse with the option (but not the requirement) to join Addison Village, this home is loaded with $160,000 in upgrades throughout.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 11, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Price Decreased |
$829,990
↓ $5K
(0.6%) | |
| Price Decreased | |||
| Oct 3, 2025 | Price Decreased |
$834,990
↓ $2K
(0.2%) | |
| Price Decreased | |||
| Sep 25, 2025 | Price Decreased |
$836,990
↓ $3K
(0.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017