3766 Burns 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 |
|---|---|---|---|
| Feb 3, 2026 | Sold | ||
| Sold | |||
| Dec 27, 2025 | In contract | - | |
| In contract | |||
| Oct 20, 2025 | Listed by Compass | $777,000 | |
| Listed by Compass | |||
| Apr 26, 2025 | Listed | $797,000 | |
| Listed | |||
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Tucked back from the road just enough, this thoughtfully updated and peaceful Joshua Tree retreat offers a perfect balance of privacy and style. Featuring beautifully finished concrete floors, an open-concept living space, a well-appointed kitchen with large island, and a sun-filled living room with soaring ceilings, skylight, and brick fireplace. The primary bedroom suite is a true retreat, complete with a large soaking tub and striking walk-in shower. Two spacious guest bedrooms and beautiful baths offer plenty of space for visitors to relax and unwind. Attention to detail shines throughout the design of this home, which presents a cohesive and inviting aesthetic. Spanning two lots totaling 2.33 acres (additional APN included in sale) and boasting a sundeck with jacuzzi, refreshing stock-tank pool, mature shade trees, and a detached 2-car garage, this property provides ample space and privacy for all of your indoor and outdoor activities. Take in the sunrise and mountain views from the front porch swings, and enjoy sunsets and stargazing around the fire in the private backyard. Currently operating as a popular short-term rental, this home is an ideal opportunity for a full-time residence, second home, or investment property.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017