346 N Lima Street
About This Property
Step outside to a delightful backyard oasis, ideal for entertaining guests, featuring an above-ground spa where you can unwind under the stars. The attached 2-car garage provides ample storage and parking.
Located just steps away from Robert Louis Stevenson Elementary School and surrounded by an eclectic mix of trendy shopping and dining options, you'll enjoy the vibrant community of Burbank with its blend of retro and upscale stores and restaurants. Don't miss your chance to make this exquisite property your own!
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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 |
|---|---|---|---|
| Dec 13, 2024 | Sold | ||
| Sold | |||
| Nov 16, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Relisted | $1,395,000 | |
| Relisted | |||
| Oct 7, 2024 | No longer available | - | |
| No longer available | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
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About Burbank
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$4,999 /mo
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$5,600 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017