3429 Brace Canyon Road
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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 |
|---|---|---|---|
| Mar 14, 2019 | Sold | ||
| Sold | |||
| Nov 14, 2018 | Listed by JohnHart Real Estate | $1,425,000 | |
| Listed by JohnHart Real Estate | |||
| Nov 9, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Listed | $1,445,000 | |
| Listed | |||
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Move in ready home at the top of the cul-de-sac offering you utmost privacy, large sparkling pool + spa & surrounded by the beauty of the Burbank mountains! | Vaulted Ceilings in living room & kitchen | Fireplace in living room | Tile floors throughout 1st floor & living area | Family room near kitchen with wet bar | Updated kitchen with granite countertops | Stainless steel appliances | Multiple skylights in kitchen to bring in an abundance of natural light | NEW Restoration hardware lighting | NEW island in eating area off kitchen with bar style seating + granite countertop | Master bedroom with ensuite bathroom which was redone from the ground up with NEW tile, soaking tub, fixtures, vanity and mirrors | Sunroom off family room ideal for entertaining on summer nights | Bedrooms #3 and 4 are upstairs | Full bathroom with new vanity & fixtures upstairs | Huge closet for additional storage in between bedrooms | New dark, brushed French oak wooden floors on stairs & 2nd floor | Brand NEW wrought iron railing | 3 car attached garage with direct access | Central air & heat | Recessed lighting | Crown moldings | Large storage area under stairs | Skylight in hallway upstairs for natural light | Freshly painted interior | Welcome home to 3429 Brace Canyon Rd! The manager has listed the unit size as 2565 square feet.
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About Burbank
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017