655 SUNSET AVE
About This Property
Having a backyard oasis is a wonderful feature, especially for hosting gatherings or simply relaxing outdoors. And while the "sold as is" condition means the buyer will need to handle inspections and any necessary certifications, it also provides transparency about the current state of the home.
Contracts out seller requested no more showings
For buyers who are prepared for some renovation work and are excited about the potential of the property, this could be an excellent find.
Final and best Tuesday May 7 3:00
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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 |
|---|---|---|---|
| Jun 4, 2024 | Sold | ||
| Sold | |||
| May 13, 2024 | In contract | - | |
| In contract | |||
| May 3, 2024 | Listed by Weichert Realtors-Turnersville | $240,000 | |
| Listed by Weichert Realtors-Turnersville | |||
Property Highlights
Building Info
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017