40 Burdett
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 |
|---|---|---|---|
| Oct 26, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Oct 3, 2023 | Listed by eXp Realty | $449,000 | |
| Listed by eXp Realty | |||
| | |||
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Renovated 3 bedrooms 1 bathroom Open floor plan family ranch in a quiet neighborhood. Beautiful kitchen fully fenced in backyard. Solar panel is fully paid off so new owner can enjoy low electric bill ! Brand-new furnace installed in 2021. Conveniently located close to highway, all amenities.
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| Feb 25, 2022 | Sold | ||
| Sold | |||
| Jan 26, 2022 | Listed by Century 21 North East | $399,900 | |
| Listed by Century 21 North East | |||
| Feb 2, 2021 | Sold | ||
| Sold | |||
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