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3409 Burnet Drive
About This Property
The thoughtful floor plan enhances daily living: a private downstairs office provides a quiet workspace, while a generous walk-in laundry room adds convenience and storage. The great room centers on a striking floor-to-ceiling fireplace that creates an inviting focal point and anchors the living area.
Retreat to the primary suite, designed with a spa-like sensibility. It features a substantial walk-in closet, dual vanities for personal space, an oversized frameless shower, and a standalone garden tub-all finished to evoke a bright, tranquil atmosphere ideal for relaxation.
Outside, residents benefit from community amenities within easy reach: a neighborhood park and swimming pool, plus a second park with a playground, basketball court, and open field for recreation. This home's blend of modern updates, functional living spaces, and nearby amenities makes it an exceptional move-in ready opportunity.
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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 |
|---|---|---|---|
| Oct 21, 2026 | Price Decreased |
$670,000
↓ $5K
(0.7%) | |
| Price Decreased | |||
| Aug 26, 2026 | Price Decreased |
$675,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Aug 14, 2026 | No longer available | - | |
| No longer available | |||
| Aug 14, 2026 | Listed by Keller Williams Realty DPR | $685,000 | |
| Listed by Keller Williams Realty DPR | |||
| Jul 24, 2026 | Price Decreased |
$699,000
↓ $21K
(2.9%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017