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Map
8314 Burning Hills Drive
About This Property
windows thru-out. Ceiling in the living room, den, kitchen, & breakfast room have been raised. Plumbing
lines replaces, & electric. New electrical box. Recessed lighting featured thru-out the living areas.
Brand new grey cabinetry in kitchen. Kitchen & bathroom countertops surfaced in a leathered grey
Dolomite w/o large white tile flooring. Den features the fireplace tiled in New York Soho pattern. Hard
surfaces featured thru-out the house. Flooring is a luxury vinyl. New cabinetry in all 3 bathrooms. Brand
new shower in Primary touting white subway tile and a shadowbox with blue glass tile. Built in cabinetry in
primary walk in closet with double hung racks. Utility room features cabinetry, clothes rack, and oversized
tile flooring. Hall bathroom touts blue flooring & white surround in bathtub area. Ceiling fans in all
bedrooms. Incredible build out. Bring your picky buyers.
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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 |
|---|---|---|---|
| Nov 20, 2025 | Sold | ||
| Sold | |||
| Oct 19, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Listed by Berkshire Hathaway HomeServices Premier Properties | $409,000 | |
| Listed by Berkshire Hathaway HomeServices Premier Properties | |||
| Aug 23, 2025 | Price Decreased |
$419,000
↓ $20K
(4.6%) | |
| Price Decreased | |||
| Aug 3, 2025 | Price Decreased |
$439,000
↓ $20K
(4.4%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017