2823 Sunburst 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 |
|---|---|---|---|
| Apr 11, 2025 | Sold | ||
| Sold | |||
| Mar 5, 2025 | In contract | - | |
| In contract | |||
| Jan 25, 2025 | Price Decreased |
$339,000
↓ $15K
(4.2%) | |
| Price Decreased | |||
| Dec 20, 2024 | Listed by Coldwell Banker Universal | $354,000 | |
| Listed by Coldwell Banker Universal | |||
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New construction nestled in the prestigious Lake Conroe Golf Course community of Walden this three bedroom two bath single story gem features 10ft ceilings in livingroom and primary bedroom, large windows welcoming natural light in living room, kitchen open to living and dining, ceiling fans throughout, quartz countertops, potential for additional square footage over garage and more. Community features multiple tennis courts, golf course, picket ball, community pool, fitness center, boat ramps, walking trails, restaurants, and more. Best of all house is next to preserve so no back yard and right side neighbors. Room size and sqft are approximate, buyer and buyers agent to verify.
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| Oct 20, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017