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3893 Burton Road
About This Property
This home has been meticulously maintained and upgraded with the following:2016: Crawl space dried in and wrapped by Alpha Foundation, 2018: New septic system installed by ASAP and a new metal roof by DCRoofing, 2019: Electrical upgrade by Cherry Bomb,
2020: All three AC zones replaced and concrete driveway enlarged, 2021: Exterior repainted to a beautiful Eucalyptus green
2022: Crawlspace reinforced with steel I-beams, sump pump, and dehumidifiers; pool resurfaced and deck enlarged; added a 16'x36' covered outdoor kitchen/lounge area.
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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 |
|---|---|---|---|
| Jan 13, 2025 | Sold | ||
| Sold | |||
| Nov 13, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2024 | Listed by Dale Sorensen Real Estate Inc. | $699,900 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
| May 7, 2015 | Sold | ||
| Sold | |||
| Dec 10, 2014 | Listed by Dale Sorensen Real Estate Inc. | $335,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017