751 Burman Lane NE
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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Dec 1, 2025 | Listed | $329,000 | |
| Listed | |||
| | |||
|
Feels like a new home but in an established neighborhood! Nothing to do here but move right in! Complete restoration has been comleted! Includes new electrical, plumbing, impact windows, roof, insulation and drywall! Brand new cabinets and fixtures. Tastefully decorated with neutral tones and pvc laminate floors. 1 car garage with an indoor laundry room. Walk in pantry for added kitchen storage. Oversized fenced yard for the pets! Come have a look today!
| |||
| Sep 16, 2025 | Price Decreased |
$329,000
↓ $50K
(13.2%) | |
| Price Decreased | |||
| Nov 11, 2024 | Price Decreased |
$379,000
↓ $20K
(5%) | |
| Price Decreased | |||
| Oct 21, 2024 | Listed | $399,000 | |
| Listed | |||
| | |||
|
Feels like a new home but in an established neighborhood! Nothing to do here but move right in! Complete restoration has been comleted! Includes new electrical, plumbing, impact windows, roof, insulation and drywall! Brand new cabinets and fixtures. Tastefully decorated with neutral tones and pvc laminate floors. 1 car garage with an indoor laundry room. Walk in pantry for added kitchen storage. Oversized fenced yard for the pets! Come have a look today!
| |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Port Malabar
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$1,395 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017