9526 BURNING BRANCH ROAD
About This Property
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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%.
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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 6, 2024 | Sold | ||
| Sold | |||
| Nov 5, 2024 | In contract | - | |
| In contract | |||
| Oct 29, 2024 | Listed by SilverLine Realty & Investment LLC | $700,000 | |
| Listed by SilverLine Realty & Investment LLC | |||
| | |||
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Bright and spacious 5-bedroom, 3-bath home offers a two-level deck with built-in benches, overlooking a large and private backyard. Recent updates include a new HVAC system and water heater (2021), brand-new LVP flooring in the basement, a new entry door from the garage, and newly replaced rear gutters and downspouts. The fully renovated kitchen features white shaker-style cabinets, quartz countertops, a stainless steel sink, disposal, faucet, and stainless steel appliances, including a range, dishwasher, built-in microwave, and refrigerator. Newly installed recessed lighting illuminates both the kitchen and living room, while hardwood floors flow through the living room, dining room, and hallway. The eat-in kitchen opens to the deck through sliding doors, and the primary bedroom boasts a walk-in closet. The sunny walkout lower level includes a cozy fireplace, and an oversized two-car garage provides plenty of storage space. Located near Old Keene Mill Swim & Racquet Club, two shopping centers, the VRE, bus stops, Rolling Valley Park & Ride, and Springfield Metro Station, this home offers both convenience and privacy. Don’t miss out—please remove your shoes when visiting!
| |||
| Oct 22, 2024 | Price Increased |
$730,000
↑ $150K
(25.9%) | |
| Price Increased | |||
| Sep 24, 2021 | Sold | ||
| Sold | |||
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About Burke
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017