331 Burlingame 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 |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Jul 10, 2024 | In contract | - | |
| In contract | |||
| Jul 2, 2024 | Listed by OwnerEntry.com | $410,000 | |
| Listed by OwnerEntry.com | |||
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This home features a very open living space with lots of windows and natural light. The ceilings in the living room are close to 20' tall with a large balcony. In the kitchen you have a laundry area, pantry and granite counters. There is a first floor bedroom with a full bath also on the main level. Also on the first floor you have a Harman pellet stove to supplement your heating. The second floor loft has been converted into a great home office space. The master bedroom has a on suite and double closets and vanities. The lower level is a combo of garages and utility space. There is also a deck that runs the length of the whole house. If location is a factor in your decision then the Pike is minutes away as well as Wilbraham and Boston Rd. Neighbor hood is peaceful and quiet.
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| Oct 22, 2021 | Sold | ||
| Sold | |||
| Sep 2, 2021 | Listed by OwnerEntry.com | $350,000 | |
| Listed by OwnerEntry.com | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017