7 Burke Ln
About This Property
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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 |
|---|---|---|---|
| Jul 29, 2016 | Sold | ||
| Sold | |||
| Jun 22, 2016 | Listed by Mendon Local Realty | $324,000 | |
| Listed by Mendon Local Realty | |||
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Looking for a great LOCATION? This wonderful 3 bdrm Cape sits nicely at end of cul-de-sac surrounded by trees, yet offers quick access to Rte 146 & The MA Pike! Dreamed of a remodeled kitchen? Gorgeous custom cabinetry, soft closing w/features such as spice & trash cabinet & pantry. Center island w/even more cabinetry & work space. Quartz counter tops add a fabulous finishing touch & SS Appliances complete it! Other features: Large bright dining room w/hardwood floor & handsome living room w/fireplace. Extra room w/closet on 1st floor used as office, but could fill whatever need you have! Grand Master bdrm, 2 add’l bdrms & full bath upstairs. BONUS: finished basement w/lots of room for family fun! Carpeting throughout home, including basement, all under 2 years old! Buderus Boiler! Have you always wanted a pool? Enjoy the above ground pool or lounge on pool deck! BBQ on other deck off kitchen. Two sheds w/great workshop (w/electric!) area too! SO much to offer!
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| May 16, 2014 | Sold | ||
| Sold | |||
| Mar 1, 2014 | Listed by ERA Key Realty Services | $288,500 | |
| Listed by ERA Key Realty Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017