4423 Burkegate Drive
About This Property
ONLY 20 MINUTES TO THE WOODLANDS AND DEERBROOK MALL AND LESS THAN 10 MINUTES TO THE HARDY TOLL ROAD, 10 MINUTES TO EITHER I-45 OR I-69 WHICH GIVE YOU MULTIPLE WAYS TO GET HOME SO YOU ARE NOT STUCK IN TRAFFIC.
iT NEEDS REMODELING BUT IS PRICED ACCORDINGLY.
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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 1, 2025 | No longer available | - | |
| No longer available | |||
| Jan 1, 2025 | Price Decreased |
$270,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Dec 7, 2024 | Price Decreased |
$274,999
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Oct 10, 2024 | Price Decreased |
$279,999
↓ $10K
(3.5%) | |
| Price Decreased | |||
| Sep 20, 2024 | Listed by RE/MAX Universal | $289,999 | |
| Listed by RE/MAX Universal | |||
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A well maintained home in an established neighborhood! Home offers a good size backyard that can be made into your own little paradise. This home entails new Roof, New Electrical panel with a generator plug. New AC (1 yr old). Located in Spring with easy access to 99, Hardy Toll Way, 45, & Beltway 8!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017