45 Burchard Ave
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 |
|---|---|---|---|
| Nov 8, 2017 | Sold | ||
| Sold | |||
| Jul 9, 2017 | Listed | $1,095,000 | |
| Listed | |||
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"Elegant Simplicity" was designed by well-known Estes/Twombly Architects - Located on the west facing side of Watson Reservoir, down the most beautiful tree and stonewall-lined country road, sits a home designed to bring together modern architecture with a nod to the past. It's design was tailored to capture the beauty of the surrounding landscape and western exposure. Accented with reclaimed southern yellow pine floors, antique fixtures and hand crafted hardware. The home features a first floor master suite with access to the outdoor patio and in-ground pool area, two additional suites, soaring vaulted ceiling, elongated windows, media room and heated garage. The property has a walking path to the water's edge. Located minutes to the Commons, area beaches, walking trails, schools, marinas, tennis and shopping. No restrictions to land use. Mini farm opportunity possible. The manager has listed the unit size as 1823 square feet.
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| Feb 13, 2017 | Listed by Keller Williams Realty of Newport | $1,095,000 | |
| Listed by Keller Williams Realty of Newport | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017