405 Burt Avenue
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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Feb 26, 2024 | Listed by ERA REARDON REALTY, L.L.C. | $189,900 | |
| Listed by ERA REARDON REALTY, L.L.C. | |||
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Welcome to your dream home in the heart of Birdland! This stunning property has undergone a total transformation, leaving no stone unturned. Step inside this meticulously renovated home and be greeted by modern elegance and thoughtful design. With 3 spacious bedrooms and 2 luxurious bathrooms, every inch of this residence has been carefully crafted to offer both comfort and style. The seamless flow between the living room, kitchen, and dining area makes for comfortable living. The chef-inspired kitchen is a true masterpiece, complete with appliances, custom cabinetry, and sleek quartz countertops. Situated on a generous corner lot, this home boasts ample outdoor space. Whether you're hosting a summer barbecue or simply relaxing with a book, the possibilities are endless in your private backyard oasis. There is a one and a half car attached garage and new cement surround the home. Located in the highly sought-after Birdland neighborhood, this property offers the perfect blend of tranquility and convenience. Enjoy easy access to parks, schools, shopping, dining, and more. Come see for yourself the amazing renovations that took place!
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| Dec 13, 2022 | Sold | ||
| Sold | |||
| Oct 11, 2022 | Listed by BNR Real Estate Group | $80,000 | |
| Listed by BNR Real Estate Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017