283 Appletree Point
About This Property
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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%.
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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 |
|---|---|---|---|
| Mar 16, 2026 | Sold | ||
| Sold | |||
| Jan 21, 2026 | Listed by Coldwell Banker Hickok and Boardman | $1,675,000 | |
| Listed by Coldwell Banker Hickok and Boardman | |||
| Mar 27, 2025 | Price Decreased |
$1,675,000
↓ $200K
(10.7%) | |
| Price Decreased | |||
| Mar 13, 2025 | Listed | $1,875,000 | |
| Listed | |||
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This wonderful lakefront home awaits you! Sought after Appletree Point neighborhood with 100' of sandy beach frontage facing south with gorgeous sunrises and sunsets! You will enjoy entertaining in this 6 bedroom, 4 bath home with hardwood floors & lots of windows for maximum sunlight, spacious kitchen with plenty of cabinets & counterspace overlooks the back deck with access to the expansive dining room with woodburning fireplace & door to 3 season porch - perfect for those summer evenings. The family room overlooks the lake with lots of glass, great for hosting year round parties, expanded deck that leads to lawn area & beach, the 2nd floor includes primary bedroom with private bath & gorgeous views, 3 guest bedrooms & guest bath all with hardwood floors. The lower level has 2 additional bedrooms, guest bath & utility room, extra storage in the 2 car garage for all the toys. Beautiful sandy beach with seawall, 2000lb mooring stays - great for your boating guests or for your boat! Paddle board, kayak, jet ski, or swim out your back door. Enjoy all this waterfront home has to offer. Minutes to city bike path, parks, eateries, shopping & Church Street Marketplace. A wonderful Burlington lakefront home ready for you!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017