5757 Burnett Road
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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 19, 2025 | Sold | ||
| Sold | |||
| Sep 13, 2025 | In contract | - | |
| In contract | |||
| Aug 26, 2025 | Listed by Prince Properties, LLC | $325,000 | |
| Listed by Prince Properties, LLC | |||
| May 8, 2025 | Price Decreased |
$399,999
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Feb 21, 2025 | Listed | $425,000 | |
| Listed | |||
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Looking for 5 acres in an established community with easy access to schools, shopping, restaurants, and more? Here's an opportunity for you to build your dream home, barn, and workshop on a nice piece of property that will be beautiful again, once it's cleaned up a little bit. You can enjoy the peace and quiet of being in the country and all the conveniences having civilization nearby provides. There's NO HOA, horses are allowed, taxes are low, and the neighboring homes are well-maintained. The original house flooded during Harvey and has not yet been repaired or torn down. The property is being sold in an estate sale (no disclosures) and it comes with all the personal items and trash on the premises for you to dispose of as you see fit. There was an old in-ground pool, well and septic, but they are not expected to be operational now. Assume everything needs work. Please use caution if you walk the property and DO NOT enter the house. Chocolate Bayou runs along the rear property line.
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About Manvel
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,200 /mo
- 2 Beds
- 2 Baths
- 1,887 ft²
$2,280 /mo
- 3 Beds
- 2 Baths
- 1,849 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017