321 Burgundy Drive
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 |
|---|---|---|---|
| May 7, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | In contract | - | |
| In contract | |||
| Mar 15, 2024 | Listed by LPT Realty, LLC | $350,000 | |
| Listed by LPT Realty, LLC | |||
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Welcome to your next home! Two story, 4 bed, 2/1 bath home with formal living and dining room, gameroom, oversized 9256 sq ft lot, THREE car garage in the GATED community of Martha’s Vineyard! Open concept floorplan with 18' ceilings, a fantastic flow where the center is the living room and family and friends can easily travel into the kitchen, breakfast room and foyer. Grab your chef’s hat and create your best meals for your favorite people in a kitchen complete with granite countertops, miles of cabinets, matching black apps and stately island that overlooks into your light filled living room. Neutral color paint throughout for easy decorating. COST AND ENERGY EFFICIENCY FEATURES:16 Seer HVAC Sys, Honeywell Wifi Programmable Thermostat, Pex Manabloc Plumbing System, Radiant Barrier, and Vinyl, Double Pane Low E Windows. Tranquil backyard with additional privacy of no backyard neighbors. Fantastic location-minutes from Btwy 6, 288 and Pearland Town Center. **See the Virtual Tour!**
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| Apr 29, 2022 | Sold | ||
| Sold | |||
| Mar 26, 2022 | Listed by REB365 | $351,000 | |
| Listed by REB365 | |||
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Welcome home to your beautiful 4 Bedroom, 3 1/2 Bath, with a 3 Car Garage in the sought out Martha’s Vineyard GATED COMMUNITY! No back neighbors! This spacious OPEN CONCEPT FLOOR PLAN is ready for entertaining. The kitchen boasts lots of cabinets and granite countertops with under the cabinet lighting and a large island open to the family room. Tile and Carpet throughout. LARGE backyard is ready for a your future backyard oasis! COST AND ENERGY EFFICIENCY FEATURES: 16 Seer HVAC System, Honeywell Wifi Programmable Thermostat, Pex Manabloc Plumbing System, Radiant Barrier, and Vinyl Double Pane Low E Windows that open to the inside of the home for easy cleaning. Martha’s Vineyard, located just northwest from the intersection of Highway 6 and CR-46. Spanning over 100 acres, the new development of Martha’s Vineyard will offer residents two large lakes, playgrounds, and splash pad. Alvin ISD. Convenient to Hwy. 6 and Beltway 8.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017