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3855 Lake Burton Drive
About This Property
The main level features a formal living room and separate dining room, perfect for hosting gatherings. The kitchen includes stainless steel appliances, a breakfast area, and opens seamlessly to the inviting family room with a cozy fireplace-creating an ideal layout for everyday living and entertaining.
Upstairs, the generous owner's suite offers a walk-in closet, double vanity, separate soaking tub, and shower. Three additional spacious bedrooms and a full bath complete the upper level.
The finished basement provides two additional rooms that can easily serve as a home office, gym, media room, or guest space-flexibility to fit your lifestyle.
Step outside to enjoy the large, level backyard and a spacious deck off the main level, perfect for summer grilling and outdoor entertaining.
Conveniently located near shopping, dining, and major highways, this Duluth home is ready to welcome its next owner.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 23, 2026 | Sold | ||
| Sold | |||
| May 28, 2026 | In contract | - | |
| In contract | |||
| May 17, 2026 | Price Decreased |
$460,000
↓ $20K
(4.2%) | |
| Price Decreased | |||
| Apr 22, 2026 | Relisted | $479,900 | |
| Relisted | |||
| Mar 21, 2026 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017