48 Burton Drive
About This Property
As you step inside, you are greeted by a seamless blend of modern elegance and classic charm. The residence features three spacious bedrooms, each offering a tranquil retreat for relaxation. One of the three bedrooms was previously two bedrooms converted to one and can easily be converted back to offer a fourth bedroom. The master suite is a sanctuary of luxury with its own private bathroom, ensuring comfort and convenience. The heart of this home is its well-appointed kitchen, equipped with stainless steel appliances and stylish finishes. Entertain guests in the inviting living room, where natural light cascades through large windows, creating an airy and inviting atmosphere.
The partially finished basement offers versatile space, perfect for a home gym, media room, or play area. Another incredible feature of this home is found in the detached 2.5 car garage, featuring a finished loft space above - an ideal spot for a home office or extra recreational room.
The property is set on a large 100 x 150 lot with meticulously maintained lawn and landscaping. The lush greenery is complemented by an underground sprinkler system, ensuring a vibrant and picturesque outdoor space for relaxation and gatherings.
Key updates include a new HVAC system installed in 2015, a replacement of the septic system in the same year, and a Timberline roof installed in 2013, providing peace of mind and modern conveniences for the discerning buyer.
Conveniently located in the sought-after Ramtown neighborhood, this home offers a harmonious blend of serenity and accessibility. With a move-in-ready status, you can seamlessly transition into the lifestyle you've been dreaming of.
Don't miss the opportunity to make 48 Burton Dr. your new home - where luxury, comfort, and convenience converge in perfect harmony.
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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 10, 2024 | Sold | ||
| Sold | |||
| Jan 22, 2024 | Listed by Real Broker, LLC | $650,000 | |
| Listed by Real Broker, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017