1024 HIGHLAND AVE
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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.
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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 |
|---|---|---|---|
| Feb 27, 2020 | Sold | ||
| Sold | |||
| Jan 10, 2020 | Listed by BHHS Fox & Roach-Mullica Hill South | $199,500 | |
| Listed by BHHS Fox & Roach-Mullica Hill South | |||
| Aug 16, 2019 | Sold | ||
| Sold | |||
| Jul 1, 2019 | Listed by Brown Realtors | $80,000 | |
| Listed by Brown Realtors | |||
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Cozy 3 bedroom / 1 bath cade cod locating in a quiet neighborhood Property is NOT located in a FEMA Special Flood Hazard Area but is listed as a moderate to low flood risk. Please refer to www.floodtools.com for additional information regarding flood zones and insurance, State law requires Smoke/ Carbon Monoxide detectors be installed for properties having combustible fuel heaters/furnaces, fireplaces, hot water heaters, clothes dryers, cooking appliances, or an attached garage, but seller (HUD) is exempt from this requirement as a Federal Entity, Has a heating oil storage tank located in the basement. Any required system repairs will be the buyer's expense, Estimated remaining economic life is below 30 years, Repairs exceed $10,000. Repairs may include but not limited to structure, electrical, roof, HVAC, and plumbing; Inspection recommended, Repairs include: Plumbing damage, missing CO and smoke detectors, siding damage, front and back steps damaged, defective paint, damaged basement window, missing and damaged flooring, fire place not maintained, kitchen and bath may require rebuild. Year Built 1938 Lead Base Paint Sq. Ft 1652
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About Glendora
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017