8898 Burkshire Place
About This Property
The kitchen is a chef's delight, offering plenty of counter space, a breakfast bar, large pantry, and energy-efficient appliances.
The primary bedroom is a private retreat, featuring a wall-to-wall closet, ceiling fan, and an en-suite bathroom with a walk-in shower. Down the hall are two additional bedrooms, a full bath, and easy access to the attached 2 car garage with built-in shelves/workbench complete the layout.
Outside, the backyard is truly an entertainer's paradise! Imagine hosting gatherings on the expansive covered patio that extends the whole length of the back of the house. There is a deluxe natural gas BBQ, firepit, and a gazebo with a fire ring table, offering seating for six. The thoughtful landscaping includes fruit trees-Orange, Ruby Red Grapefruit, Lemon, Apricot, and Pomegranate along with beautiful ornamental trees mixed in. This home also includes paid for solar, complete with 20 solar panels 14 out front and 6 in the back. It has a 3800watt inverter and it produces about 3200 watts.
Located in the heart of the welcoming Lakeside community, known for its friendly, small-town feel, outdoor recreation, and local charm. With OWNED solar panels, NEWER ROOF, NEWER WATER HEATER and FRESH PAINT throughout, this home is move-in ready and waiting for you to make it yours!
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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 |
|---|---|---|---|
| Dec 16, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Oct 14, 2024 | Price Decreased |
$849,000
↓ $50K
(5.6%) | |
| Price Decreased | |||
| Oct 7, 2024 | Relisted | $899,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017