3038 Burnet Drive
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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.
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 |
|---|---|---|---|
| Feb 25, 2019 | Sold | ||
| Sold | |||
| Jan 31, 2019 | No longer available | - | |
| No longer available | |||
| Dec 10, 2018 | Listed | $600,000 | |
| Listed | |||
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Exceptional price for such a large home! Imagine paying only $100 a year for electricity! Enjoy the broad streets and mountain views of park-like Eureka Springs. You will love the huge Master Suite with large walk in closet. Home office downstairs (could be optional bedroom), Great eat in kitchen with tons of cabinets, drawers, granite. Upstairs, 3 bedrooms, large loft could be extra family room, play room or office. New AC. Hardwood flooring. Located directly across from park. The manager has listed the unit size as 3198 square feet.
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| Aug 21, 2018 | Listed by Realty One Group San Diego | $600,000 | |
| Listed by Realty One Group San Diego | |||
| | |||
|
Exceptional price for such a large home! Imagine paying only $100 a year for electricity! Enjoy the broad streets and mountain views of park-like Eureka Springs. You will love the huge Master Suite with large walk in closet. Home office downstairs (could be optional bedroom), Great eat in kitchen with tons of cabinets, drawers, granite. Upstairs, 3 bedrooms, large loft could be extra family room, play room or office. New AC. Hardwood flooring. Located directly across from park. Neighborhoods: Eureka Springs Equipment: Garage Door Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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| Jun 11, 2015 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017