4 Burns Way
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 |
|---|---|---|---|
| Jul 17, 2024 | Sold | ||
| Sold | |||
| Jun 23, 2024 | In contract | - | |
| In contract | |||
| Jun 11, 2024 | Listed by Gallagher Real Estate | $458,000 | |
| Listed by Gallagher Real Estate | |||
| | |||
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Impressive multi-level updated home in sought after Woodmar Glen,! Some recent updates include newer roof, buderus boiler, stamped concrete patio, mini splits, and driveway ,Open floor plan with an updated Kitchen with high end SS appliances, Living room with huge bay window and a wood stove, oversized two car garage and on a nice corner lot.!
| |||
| Sep 12, 2014 | Sold | ||
| Sold | |||
| Apr 29, 2014 | Listed by Gallagher Real Estate | $310,000 | |
| Listed by Gallagher Real Estate | |||
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