50 Burning Bluff Drive
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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| Feb 22, 2024 | Listed by Real Broker, LLC | $460,000 | |
| Listed by Real Broker, LLC | |||
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Step into your dream culinary sanctuary at the heart of this home—the gourmet kitchen. Imagine yourself creating culinary delights with ease, equipped with a double oven, a gas cooktop, and a charming farmhouse sink. The kitchen's bump-out area isn't just an extension; it's a serene escape flooded with natural light, perfect for savoring your morning coffee. Entertaining is effortless with the open layout, accentuated by a sophisticated coffered ceiling in the dining area. Upon entering the front door, you're welcomed by 3,164 square feet of thoughtfully crafted living space. Gather around the gas fireplace in the living room, where cozy meets luxury for memorable moments with loved ones. The convenience of a downstairs bedroom with a full bathroom adds versatility—ideal for guests or a home office. Upstairs, find comfort and privacy in the remaining bedrooms, completing the perfect layout. Nestled in Franklinton, just minutes from the growing downtown scene and conveniently close to Youngsville and Wake Forest, this home offers both tranquility and accessibility.
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Property Highlights
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Price/ft²
Listed On
Sold On
About Franklin
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017