449 Burnam Road
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 9, 2023 | No longer available | - | |
| No longer available | |||
| Mar 8, 2023 | Sold | ||
| Sold | |||
| Jan 24, 2023 | Listed by Summers Cook and Co. | $70,000 | |
| Listed by Summers Cook and Co. | |||
| | |||
|
This beautiful, one acre piece of land is perfect to build your new home on! There are no restrictions so you could place a mobile home, camper or barndominium on it as well! The property has a downward slope leading to the road and overlooks a very nice pond that is across the street. This area is country living at its finest yet only 15 minutes to downtown Longview, the mall and plenty of restaurants. Call today to schedule a showing!
| |||
| Dec 9, 2022 | Listed by Summers Cook & Co. | $80,000 | |
| Listed by Summers Cook & Co. | |||
| | |||
|
This beautiful, one acre piece of land is perfect to build your new home on! There are no restrictions so you could place a mobile home, camper or barndominium on it as well! The property has a downward slope leading to the road and overlooks a very nice pond that is across the street. This area is country living at its finest yet only 15 minutes to downtown Longview, the mall and plenty of restaurants. Call today to schedule a showing!
| |||
| Sep 22, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017