8232 BURNLEY RD
About This Property
All the floors throughout the home are hardwood, creating a warm and cohesive flow from room to room. Upstairs, you'll find four comfortable bedrooms, including a primary suite with a private ensuite bathroom. The lower level has been updated with new flooring, providing additional space for a family room, home office, or gym. The entire house has been freshly painted, giving it a bright and inviting feel.
Outside, the large deck overlooks a fenced, level backyard-ideal for gatherings or quiet afternoons. Located just a short distance from Riderwood Elementary School, this move-in-ready property provides the perfect blend of style, space, and location in one of the area's most desirable neighborhoods.
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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.
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About Towson
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017