851 Burns Avenue
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 4, 2025 | Sold | ||
| Sold | |||
| Jul 23, 2025 | Price Decreased |
$825,000
↓ $25K
(2.9%) | |
| Price Decreased | |||
| Jun 9, 2025 | Listed by Real Brokerage Technologies | $850,000 | |
| Listed by Real Brokerage Technologies | |||
| May 15, 2025 | Price Decreased |
$869,000
↓ $30K
(3.3%) | |
| Price Decreased | |||
| Feb 5, 2025 | Listed | $899,000 | |
| Listed | |||
| | |||
|
Escape to this stunning Aptos Hills retreat, where nature and comfort come together. Perched like a treehouse overlooking Nisene Marks, the home is bathed in sunlight beyond the redwood canopy. Features include central heating, an indoor wood-burning stove with a fan, and updated appliances: newer refrigerator, microwave, and dishwasher. A spacious deck is perfect for entertaining, while a large, sunny garden offers endless possibilities. Recent upgrades include new carpet downstairs, waterproof vinyl flooring in the master bedroom, recessed lighting, a ceiling fan, and detached bonus 144 sq ft office space under the carport. The master bath shines with a modern mirror vanity. Surrounded by trails and near Monte Toyon Camp, its just 3 minutes to Aptos Village for dining and shops like New Leaf Market and Penny Ice Creamery, and 5 minutes to the beach. Whether gardening, hosting, or enjoying nearby adventures, this home offers a perfect blend of natural beauty and modern living.
| |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017