497 Burts Pit 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 |
|---|---|---|---|
| Sep 1, 2022 | Sold | ||
| Sold | |||
| Jun 8, 2022 | Listed by Delap Real Estate LLC | $450,000 | |
| Listed by Delap Real Estate LLC | |||
| Mar 1, 2007 | Sold | ||
| Sold | |||
| Jan 16, 2006 | Listed by Nancy Nickerson Real Estate | $249,999 | |
| Listed by Nancy Nickerson Real Estate | |||
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2 mi to city hall, easy access home on level lot. The Gourmet cook will love the large kitchen w/lots of counter space & a neat hanging pot rack over counter. The huge Master BR has walk out balcony off the rear, AG pool, Cedar lined closets. Laundry on 2nd level. Owner framed some exterior walls for future windows. At this price, owner will not credit buyer money for new siding. IF and only IF the buyer is willing to increase price by cost of siding will owner credit towards siding.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017