7 Burns Ave
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 |
|---|---|---|---|
| Jan 29, 2025 | Sold | ||
| Sold | |||
| Dec 12, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by William Raveis R.E. & Home Services | $749,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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This Well Maintained Raised Ranch sits at the end of a cul-de-sac, offering a peaceful setting yet is just steps from the town center, train station, and high school. The main floor features a spacious living room filled with natural light, a dining area that transitions into a functional eat in kitchen, and a large screened-in porch overlooking a private, generous backyard. The upstairs also includes a primary suite with an ensuite half bath, 2 additional bedrooms, and a fully renovated full bath. The lower level adds versatility with a cozy family room featuring a pellet stove, a 4th bedroom, and a 2nd half bath. The property boasts a 1 car garage, hardwood floors, replacement windows, updated electrical, on demand tankless hot water, and extensive recent updates like a newer roof, central air, front stairs, and stone retaining wall. Welcome home! *Showings begin at Open Houses on Saturday 12/7 & Sunday 12/8 from 11:30am - 1:00pm*
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| Jul 31, 2017 | Sold | ||
| Sold | |||
| Jun 19, 2017 | Listed by William Raveis R.E. & Home Services | $524,900 | |
| Listed by William Raveis R.E. & Home Services | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017