351 Burroughs Road
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 |
|---|---|---|---|
| Nov 19, 2025 | Sold | ||
| Sold | |||
| Oct 7, 2025 | In contract | - | |
| In contract | |||
| Sep 21, 2025 | Price Decreased |
$895,000
↓ $50K
(5.3%) | |
| Price Decreased | |||
| Sep 2, 2025 | Price Decreased |
$945,000
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Jul 16, 2025 | Listed by Settlers Realty Group, LLC | $965,000 | |
| Listed by Settlers Realty Group, LLC | |||
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This beautifully updated colonial minutes from Route 2/495 offers timeless charm and modern comforts on a peaceful street. The home features a 3-car garage, new roof, brand new interior paint, and new flooring in many rooms, creating a fresh and inviting feel throughout. Enjoy spacious, sun-filled living areas, cozy spaces, and plenty of privacy outside to relax or entertain. Move-in ready and full of character — don’t miss your chance to call this exceptional home yours! Schedule a private showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017