2837 BURROWS LN
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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%.
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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.
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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 19, 2024 | Sold | ||
| Sold | |||
| Feb 15, 2024 | In contract | - | |
| In contract | |||
| Feb 8, 2024 | Relisted | $525,000 | |
| Relisted | |||
| Feb 8, 2024 | Price Increased |
$575,000
↑ $50K
(9.5%) | |
| Price Increased | |||
| Nov 7, 2023 | Listed by Keller Williams Metropolitan | $525,000 | |
| Listed by Keller Williams Metropolitan | |||
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The home you've been waiting for! Discover your dream home in the heart of Ellicott City! This stunning 4 BR/4 bath residence boasts a brand-new HVAC system and updated electrical. The kitchen features a breathtaking waterfall countertop island, SS appliances, and cabinets galore. Experience luxury with a first-level bedroom featuring its own entry and a gorgeous fireplace. The main level dazzles with a full bathroom showcasing 8ft+ ceilings, a floating vanity, smart mirror, and a free-standing soak-in tub. The lower level offers a versatile carpeted space, perfect as a second entertainment area or home office, alongside a full bathroom and updated laundry. The upper level reveals a master bedroom with a private balcony, full bathroom with glass shower, and two additional bedrooms with ample closet space and unique features like barn doors. Enjoy outdoor living with double sliding doors leading to a dedicated lounge area, a nearly complete wrap-around porch, and a driveway accommodating 2 cars plus ample street parking. Close to top schools, shopping, and parks, this home combines farmhouse charm with modern amenities for an unparalleled living experience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017