4113 Burwood Drive
About This Property
Outside, the large 7,840.8 sq. ft. lot features a beautifully landscaped backyard with a covered patio, perfect for entertaining guests or relaxing with family. Nestled in the Northwest Independent School District, this home is just minutes from Downtown Roanoke's vibrant dining and shopping scene, with easy access to I-35W and Highway 114 for seamless commuting to Charles Schwab, TD Ameritrade, and other major employers.
Additional highlights include Nest thermostats, upgraded ceiling fans with dimmable recessed lighting, central air, and gas heating. The community offers two parks, a pool with water features, and well-maintained common areas, making it an ideal setting for families. Don't miss this opportunity to own a move-in-ready home in a prime location.
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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 |
|---|---|---|---|
| Sep 18, 2025 | Sold | ||
| Sold | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Aug 11, 2025 | Price Decreased |
$560,000
↓ $13K
(2.2%) | |
| Price Decreased | |||
| Jul 26, 2025 | Price Decreased |
$572,500
↓ $3K
(0.4%) | |
| Price Decreased | |||
| Jun 9, 2025 | Listed by RealtyBees | $575,000 | |
| Listed by RealtyBees | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017