8223 Burning Tree Dr
About This Property
The gourmet kitchen is a chef's dream: recessed lighting, abundant cabinetry adorned with crown molding, and storage with rollouts all around the two-tier island with a breakfast bar, sleek quartz counters & backsplash, a 36-inch range & gas stove, and premium stainless steel appliances. The sizable, scenic loft offers versatility as a home office, study area, or reading nook-with views of Pikes Peak.
The comfortable primary bedroom offers plush carpet, 2 closets, balcony access, and a private en-suite with dual sinks and a Steam Shower! One Jack & Jill bathroom! The spacious basement includes a large family room with a gas-stove fireplace, a bedroom, a laundry room, and a convenient mud room. Admire the sunrise from the relaxing deck or balcony-or the stars from the gazebo. This dream is real and can be yours.
And for equestrian lovers, the lifestyle continues outdoors: grab your horse from the two-stall horse barn and roam around 32 acres of open space. Notes for horse owners: the well is rated for equestrian use; the property is zoned for horses; and the community has county-platted bridle path easements in addition to 32 acres of open space. The well is rated for equestrian use.
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Cap Rate Calculator
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 25, 2026 | Sold | ||
| Sold | |||
| Feb 26, 2026 | In contract | - | |
| In contract | |||
| Sep 30, 2025 | Price Decreased |
$959,900
↓ $15K
(1.6%) | |
| Price Decreased | |||
| Aug 26, 2025 | Relisted | $975,000 | |
| Relisted | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017