5721 BURNING TREE 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 |
|---|---|---|---|
| Sep 3, 2020 | Sold | ||
| Sold | |||
| Jul 18, 2020 | Listed by Home Pros Real Estate Group | $328,500 | |
| Listed by Home Pros Real Estate Group | |||
| May 21, 2020 | No longer available | - | |
| No longer available | |||
| Mar 30, 2020 | Price Decreased |
$239,900
↓ $10K
(4%) | |
| Price Decreased | |||
| Mar 14, 2020 | Listed | $249,900 | |
| Listed | |||
| | |||
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Location, Views and Size at an INCREDIBLE price...Hurry and take advantage of this great investment! The exterior of the house has been completely re-done while the 6 bedroom 3 bath interior with little elbow grease can be transformed at your own pace and style while building instant equity in the highly desirable Thunderbird Valley Subdivision. The manager has listed the unit size as 3293 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017