9 Burlington Avenue
About This Property
beautiful blend of old world charm and detail whilst also having all of the conveniences
and amenities of today. This lovely 3 bedroom 2.5 bath home boasts modern open
floor plan with hardwood floors, kitchen with granite countertops, center island and 6
burner Viking Stove, built-ins, 2 gas fireplaces and the most amazing uninterrupted
views of NYC skyline, Sandy Hook and the Bay! This Bayshore beauty maximizes the
enjoyment of the view/location with a wall of windows, two wrap around porches with
bump out for entertaining, brick paver patio, exquisite landscaping and gardens, along
with a newly bulkheaded property with your own little piece of paradise and beach! The
master bedroom has vaulted ceilings and slider out to the wrap around porch with amazing views day and night! Mere minutes from bustling and growing downtown Atlantic Highlands which is home to the Seastreak Ferry for fast access to New York City and other destinations. The attention to detail on the doors, built-ins, porches, decking and "painted lady"touches makes this truly one of a kind!You also have your own detached garage and extended gravel driveway as well as a partially fenced property.
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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 |
|---|---|---|---|
| Mar 22, 2019 | Sold | ||
| Sold | |||
| Feb 26, 2019 | Listed by O'Brien Realty, LLC | $899,900 | |
| Listed by O'Brien Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017