8317 Burns Place
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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 |
|---|---|---|---|
| Jun 30, 2020 | Listed by Urban Durham Realty | $575,000 | |
| Listed by Urban Durham Realty | |||
| Jun 30, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2018 | No longer available | - | |
| No longer available | |||
| Jul 30, 2018 | Sold | ||
| Sold | |||
| Jul 15, 2018 | Listed | $560,000 | |
| Listed | |||
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Beautiful, well maintained home, in popular Highlands on private cul de sac. Sun filled rooms and recently refinished hardwood floors highlight this wonderful 4 bedroom 3.5 bath plan. On main floor: Formal LR and DR, Loaded kitchen, Bright nook, Family room w\ built ins, and wet bar; Private study. Upstairs: Large master suite w\ sitting room or nursery, BR2 en-suite, and BR3\4 share full bath.Third floor walk up attic could be finished. Extensive landscaping w\irrigation. One owner. Schools nearby. The manager has listed the unit size as 3291 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017