00 Hightower Ln
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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 |
|---|---|---|---|
| Apr 3, 2024 | Sold | ||
| Sold | |||
| May 25, 2022 | Listed by Anne Vickery & Associates Realty, LLC | $696,960 | |
| Listed by Anne Vickery & Associates Realty, LLC | |||
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4 acres unrestricted wooded land at the end of Hightower Lane across from The Henry at Deerbrook (Multi-Family Complex), property extends to Bordersville School Rd which offers dual access to the property. Site has easy access to high traffic FM 1960 Business (Humble Westfield Rd) making this site ideal for Multi-Family – Hospitality – Mixed-Use development, Hwy 59 (I-69) & IAH Bush Airport within minutes. Additional non-contiguous land available South of site
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017