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Map
945 Burn Drive NE
About This Property
This home has lots of potential and is ready for some new personal touches. AC has been replaced in 2017. Tile through out the home with 3 nice sized bedrooms. The great entryway to the home has a sitting area that has been screened so you can enjoy the beautiful outdoors. Kitchen is open to family room and offers lots of space for cooking and storage. The back yard paradise offers a large shed for storage and great views to the preserve. Call today for your private tour!
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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 |
|---|---|---|---|
| Nov 25, 2025 | Sold | ||
| Sold | |||
| Nov 5, 2025 | In contract | - | |
| In contract | |||
| Oct 17, 2025 | Listed by Blue Marlin Real Estate | $240,000 | |
| Listed by Blue Marlin Real Estate | |||
| | |||
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Looking for a clean, move-in-ready spot that doesn't break the bank? This solid block home on Burn Drive hits that sweet spot... affordable, updated where it counts, and sitting on city water and sewer.
Step inside to find easy-care tile flooring throughout... no carpet, no worries. The living room's got a large impact-rated window that floods the space with natural light, and several other windows have already been upgraded too. The kitchen features stainless steel appliances, smooth flow to the dining area, and plenty of cabinet space to keep things organized.
The brand-new HVAC system keeps things cool year-round, while the screened front porch and spacious backyard make it easy to enjoy Florida living. Out back, you've got tons of yard space for pets, projects, or a future pool... plus a shed for extra storage.
Just minutes from shopping, schools, and I-95, this one gives you the comfort of home without the high price tag. Whether you're a first-time buyer, downsizing, or looking for a low-maintenance investment... this address makes sense from every angle.
Showings by appointment... come see what Burn Drive is all about.
| |||
| Feb 22, 2025 | Price Decreased |
$255,500
↓ $10K
(3.6%) | |
| Price Decreased | |||
| Oct 4, 2024 | Price Decreased |
$265,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017