58 Burnage Lane
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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 |
|---|---|---|---|
| Nov 12, 2024 | Sold | ||
| Sold | |||
| Sep 6, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by Signature Premier Properties | $599,000 | |
| Listed by Signature Premier Properties | |||
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Welcome home to this charming cape-style home offering ideal convenience and space for all. Step inside to find a spacious Formal Living Room featuring a large picture window, cozy wood-burning fireplace and built-in bookshelves with scalloped framing, adding a touch of classic charm. The large Formal Dining Room is the perfect spot to host guests and with sliders leading to the deck and backyard, entertaining is a breeze. The Eat-In Kitchen, with a door to the side yard, provides convenience and adds to the perfect layout of the main floor. The Primary Bedroom is conveniently located on the main floor along with a spacious full bath, making it ideal for easy living. On the upper level, you'll discover four additional bedrooms and extra storage spaces. The large, unfinished basement offers a laundry area, plentiful storage and abundant potential for customization of space to your needs. The private backyard features an expansive deck and perfectly sized yard making it a wonderful space for outdoor activities and relaxation. The attached one-car garage, driveway parking and welcoming front yard are all accentuated by delightful curb appeal. This enchanting Babylon Cape-Style Home is perfectly situated close to schools, shopping, Southards Pond Park and transportation, offering the optimal combination of convenience and comfort on the South Shore!
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| Aug 20, 2013 | Sold | ||
| Sold | |||
| Feb 28, 2013 | Listed by Signature Premier Properties | $349,000 | |
| Listed by Signature Premier Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017