8 SORREL RUN
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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%.
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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.
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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 |
|---|---|---|---|
| Feb 24, 2020 | Sold | ||
| Sold | |||
| Nov 8, 2019 | Listed by Keller Williams Realty - Cherry Hill | $569,000 | |
| Listed by Keller Williams Realty - Cherry Hill | |||
| Nov 28, 2018 | Sold | ||
| Sold | |||
| Sep 26, 2018 | Listed by REAL Home Services and Solutions, Inc. | $429,400 | |
| Listed by REAL Home Services and Solutions, Inc. | |||
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Great opportunity. This 5BR/2.1Bth home features approx. 3,682 SF of living space, wood and carpeted flooring, 2 fireplaces, 2 wood decks, media room w/bar, full basement and a built-in garage. This sits on about .50 acre. Give this property some TLC and you've got a great vacation home or investment property! *** Property Condition Disclosure: rear deck stairs and section of rear siding in disrepair, holes in the family room walls, section of garage wall is removed and treated for discoloration, extreme dampness in the basement, heavy discoloration on 2 basement doors and one area is treated for discoloration, there is a hole in bedroom wall.***
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Property Highlights
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Price/ft²
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About Burlington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017