583 Burt Hill
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Cap Rate Calculator
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 |
|---|---|---|---|
| Mar 31, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | In contract | - | |
| In contract | |||
| Feb 16, 2026 | Listed by Homesmart Success Realty | $549,900 | |
| Listed by Homesmart Success Realty | |||
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Welcome to your move-in-ready sanctuary—where modern updates meet peaceful nature, with a tranquil brook alongside the property for privacy and charm. Enjoy major peace-of-mind upgrades including a BRAND NEW ROOF, NEW 2,500-gallon SEPTIC system, fresh paint, and stylish laminate flooring throughout. The updated kitchen features NEW APPLIANCES and finishes, while the main-level bath feels like a spa with a jetted soaking tub. Versatility shines with an oversized high-ceiling garage and a fully finished walk-out basement complete with its own kitchen, living space, and private entrance—ideal for an IN-LAW SUITE or multigenerational living. Outside, a detached, fully powered and heated “hobby house” offers the perfect workshop, studio, or home office. A rare blend of space, function, and natural beauty—ready to enjoy from day one.
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| Feb 13, 2026 | Price Decreased |
$549,800
↓ $100
(0%) | |
| Price Decreased | |||
| Jan 15, 2026 | Listed by HomeSmart Success Realty LLC | $549,900 | |
| Listed by HomeSmart Success Realty LLC | |||
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Welcome to your move-in-ready sanctuary! This beautifully updated home perfectly blends modern comfort with a tranquil natural setting, featuring a peaceful brook running alongside the property for ultimate privacy. Recent high-value upgrades offer total peace of mind, including a brand-new roof, a new 2,500-gallon septic system, fresh paint, and stylish new laminate flooring throughout. The heart of the home is an updated kitchen with modern appliances and fixtures, while the main-level bathroom serves as a spa-like retreat with its jetted soaking tub. The property’s versatility is unmatched, boasting an oversized garage with high ceilings and a fully finished walk-out basement—complete with its own kitchen, living space, and private entrance—making it ideal for an in-law suite or multigenerational living. Outside, you’ll find a detached, fully powered, and heated "hobby house" perfect for a professional workshop or creative studio. This thoughtfully improved home offers the rare combination of space, function, and natural beauty—ready to be enjoyed from day one!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017