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839 N Florence Street
About This Property
Situated on a gated lot, this fixer features approximately 1,530 square feet of living space.
The backyard includes an inground pool and gated yard, creating the foundation for a fantastic outdoor retreat with the right vision and updates.
Whether you're looking to renovate, restore, or reimagine, this Burbank property presents a rare chance to unlock value in a highly desirable location. Bring your imagination and transform this property into something truly special.
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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 |
|---|---|---|---|
| Oct 1, 2026 | Sold | ||
| Sold | |||
| Jul 25, 2026 | In contract | - | |
| In contract | |||
| Jul 2, 2026 | Listed by Cherie Miller & Associates | $1,300,000 | |
| Listed by Cherie Miller & Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017