100 High Flats Rd
About This Property
Discover the possibilities on this beautiful 11-acre property backing up to Meadow Creek and located just minutes from Meadow Creek Park. With much of the acreage level, this
property offers a rare combination of usable land, natural beauty, privacy, and recreational opportunities.
The property features a private gated entrance, creating a peaceful and secluded setting from the moment you arrive. The existing home will need some work to restore it to its
former glory, but it offers an opportunity to bring your own vision, creativity, and personal style to the property.
A large concrete pad remains where a detached garage once stood before being lost to a fire several years ago, providing an excellent starting point for rebuilding a garage,
workshop, or additional structure.
Outdoor enthusiasts will appreciate the close proximity to Meadow Creek Park, featuring a boat ramp, dock, kayak rentals, and walking and biking trails. Whether you're looking
for a private retreat, weekend getaway, homestead, or a property with room to create something special, this acreage offers tremendous potential.
With the creek, level land, privacy, gated entrance, and convenient access to recreation, this is a property where you can escape the everyday and create your own destination. Bring your ideas and make this unique 11-acre property your own.
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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 |
|---|---|---|---|
| Sep 30, 2026 | Sold | ||
| Sold | |||
| Aug 31, 2026 | Listed by Realty Executives Associates | $239,000 | |
| Listed by Realty Executives Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017