629 POLK STREET
About This Property
The home's layout offers an easy flow, with all bedrooms conveniently located on one side for privacy. You'll also find newer systems and details throughout - including HVAC, ductwork, insulation, hot water heater, trim, and doors - all updated within the last three years. A state-of-the-art Tesla Powerwall provides clean, reliable backup power and maximizes energy savings - a premium feature for homeowners who value sustainability and security.
An added bonus: solar panels that help offset rising electric costs, making this home as efficient as it is beautiful.
Step outside to enjoy the spacious backyard - perfect for entertaining, relaxing, or playtime with family and pets. This home truly combines comfort, practicality, and value in one of the area's most desirable locations.
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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 |
|---|---|---|---|
| Dec 12, 2025 | Sold | ||
| Sold | |||
| Nov 22, 2025 | In contract | - | |
| In contract | |||
| Nov 20, 2025 | Relisted | $318,000 | |
| Relisted | |||
| Oct 27, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | Listed by LPT Realty, LLC | $325,000 | |
| Listed by LPT Realty, LLC | |||
Property Highlights
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017