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10117 HIGH RIDGE ROAD
About This Property
Imagine planting roots where your investment grows over time, creating wealth that can be passed down for generations. With an extra lot, you can develop a second home, build a rental property for steady income, create a guesthouse for loved ones, or hold the land as it appreciates in value. You can sell it to fund education, retirement, or other family goals. It's a smart move for your future-and your family's.
Beyond the financial benefits, this property is designed to bring families closer together. Whether it's creating a home for aging parents, giving adult children a place of their own, or hosting reunions that turn into cherished traditions, this space invites connection and togetherness. The established gardens this year will provide vegetables and fruits, and come with peach and apple trees. The additional lot offers room for shared gardens, play areas, outdoor kitchens, or simply the joy of gathering under the open sky. It's a place where laughter echoes across the yard, where generations live side by side, and where every inch supports the kind of life you want to build.
This is more than a home. It's a place to thrive, invest, and connect with the people and the future that matter most. Please check the documents in the document section, or have your agent call me.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017