3 Burlington Rd
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 |
|---|---|---|---|
| Jun 25, 2024 | Sold | ||
| Sold | |||
| Jun 23, 2024 | In contract | - | |
| In contract | |||
| May 1, 2024 | Listed by ERA Key Realty Services - Distinctive Group | $600,000 | |
| Listed by ERA Key Realty Services - Distinctive Group | |||
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Discover endless potential in this 4-bedroom, 2-bathroom Cape style home. Situated along the Shawsheen River where you can canoe and kayak and only ½ mile to the tranquil Old Reservoir Trail. Conveniently located off Route 3, this property offers boundless opportunities for transformation. With a sprawling 1-acre lot, the possibilities are endless. Let your imagination soar as you envision the perfect horseshoe driveway, ensuring seamless ingress & egress. The family room has a woodstove and access to the rear deck. Can you imagine opening up the kitchen walls and expanding the kitchen into the dining area so it's open to the living room? There’s a fireplace and bay window. First floor also offers a full bath and 2 bedrooms. The second floor has 2 bedrooms and a ¾ bath. The expansive, walk-out basement, features ample room for a workshop and storage, providing flexibility for your hobbies and needs. Embrace the opportunity to customize every detail to your taste and lifestyle.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017