41 Burbank Rd
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 |
|---|---|---|---|
| Apr 29, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Redfin Corp. | $925,000 | |
| Listed by Redfin Corp. | |||
| | |||
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Immaculately well-maintained charm awaits in this 3-bedroom colonial in sought-after Lawrence Estates area. The inviting living room boasts a beamed ceiling and fireplace, perfect for cozy nights inside. The updated kitchen features ss appliances, subway tile backsplash, and lots of counter space ideal for the home chef. Gleaming hardwood floors flow throughout the house, complemented by beautiful natural woodwork. Upstairs, three well-proportioned bedrooms offer ample closet space and recently gut renovated bathroom. Bonus features include a office w/ built-in bookshelves, a large pantry for storage, and a serene backyard for outdoor enjoyment with flagstone patio and outdoor speaker system. There is also a sunporch and a brightly lit sunroom, perfect for year-round relaxation and additional living space. The convenience of a 2-car garage completes the package!
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| Jul 15, 2010 | Sold | ||
| Sold | |||
| Mar 1, 2010 | Listed by Redfin Corp. | $399,900 | |
| Listed by Redfin Corp. | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017