3540 Burrowing Owl Drive
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 |
|---|---|---|---|
| May 12, 2025 | Sold | ||
| Sold | |||
| Apr 18, 2025 | In contract | - | |
| In contract | |||
| Feb 24, 2025 | Price Decreased |
$349,900
↓ $10K
(2.8%) | |
| Price Decreased | |||
| Jan 26, 2025 | Price Decreased |
$360,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Dec 4, 2024 | Listed by Non-MLS or Out of Area | $365,000 | |
| Listed by Non-MLS or Out of Area | |||
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Home overlooks 4th hole on 18-hole golf course, co-designed by course architect Perry Dye and LPGA champion Jan Stephenson. Resident discounts on green fees. The home was purchased new by the seller and occupied since Jan 2022. Living area and kitchen face the golf course. Kitchen improved with tile backsplashes and on island face. This is one of the most sought after models in the neighborhood. There is a floorplan among the pictures that came from a brochure the builder used and still uses elsewhere to attract buyers to this model Several accent walls in non-master bedrooms. Garage epoxy coated floor.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017