712 Burlington Avenue
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 |
|---|---|---|---|
| Sep 24, 2018 | Sold | ||
| Sold | |||
| Aug 22, 2018 | Listed by Success Realty | $175,000 | |
| Listed by Success Realty | |||
| Jul 30, 2017 | Listed | $160,000 | |
| Listed | |||
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INVESTOR ALERT!! Loads of potential in this property that is currently being used as a rooming house and is located DIRECTLY BEHIND the NCCU School of Education! The unfinished basement offers the opportunity to create MORE EQUITY! You can use this a rental or occupy it with a RENOVATION LOAN! Call us for details and schedule an appointment to see this one ASAP!The manager has listed the unit size as 2361 square feet.
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| Nov 8, 2006 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017