406 Burke Road
About This Property
This well-maintained home features 3 bedrooms and 2.5 bathrooms, along with a first-floor extension offering flexible living space with potential for a 4th bedroom or private primary suite.
Step inside to an inviting open-concept layout highlighted by a vaulted ceiling in the living room, a formal dining room, and a bright eat-in kitchen ideal for everyday living and entertaining.
The cozy family room features a wood-burning fireplace and sliding glass doors leading to a spacious back deck, seamlessly connecting indoor and outdoor living. Upstairs, you'll find a spacious bedroom retreat complete with a full bath featuring heated floors, double sinks, and a large closet.
Situated on a fully usable 1.02-acre corner lot, this property offers plenty of room to enjoy the outdoors. Additional features include a new roof, full basement, and abundant storage throughout.
A rare opportunity combining comfort, versatility, and location--don't miss it.
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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 2, 2026 | Sold | ||
| Sold | |||
| May 12, 2026 | In contract | - | |
| In contract | |||
| Apr 30, 2026 | Price Decreased |
$660,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Apr 24, 2026 | Listed by HomeSmart First Advantage | $670,000 | |
| Listed by HomeSmart First Advantage | |||
| Jan 22, 2024 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017