489 Mcbride Dr
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 |
|---|---|---|---|
| Apr 14, 2025 | Sold | ||
| Sold | |||
| Mar 21, 2025 | Listed by Compass | $2,395,000 | |
| Listed by Compass | |||
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Welcome to this exceptional Burton Valley home situated at the end of the coveted McBride Drive cul-de-sac, featuring four bedrooms, bonus space, and three bathrooms. With 2,817± square feet on a beautiful 1.2± acre lot, this property offers privacy while being in the heart of Burton Valley! The impressive great room features vaulted ceilings with exposed beams and fine tongue-and-groove details that add character and warmth. Multiple French doors connect the interior and exterior spaces, creating a seamless flow that enhances the California indoor-outdoor lifestyle. The primary suite is filled with natural light through generous windows, while three additional bedrooms provide comfortable space for family members, home offices, or guests. A versatile bonus space with a full bathroom can adapt to your needs: a serene exercise area, welcoming guest quarters, or a cozy family gathering spot. Step outside to discover an expansive patio perfect for entertaining and relaxation. A charming fire pit invites evening conversations and dining al fresco. The yard offers a canvas for gardening, play, or simply enjoying the open space. This special property balances privacy with community – Burton Valley's excellent schools, inviting pools, and scenic trails are just moments away.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017