106 Highland Drive
About This Property
Step outside and discover what truly sets this property apart! The large extended covered patio creates the perfect outdoor living space, complete with an outdoor fireplace and grill-ideal for relaxing evenings, weekend cookouts, and making memories year-round. And for those needing extra space, the impressive 50x40 shop is a dream! Spray-foam insulated, equipped with its own bathroom, and already plumbed for a shower, this versatile space offers endless possibilities for a workshop, business, hobby space, storage, or entertaining.
With a newer build, spacious lot, fantastic outdoor living, and an incredible shop, this property offers the kind of space and flexibility that is hard to find. Schedule your showing today!
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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 |
|---|---|---|---|
| Aug 31, 2026 | Listed by Brewer Realty Group | $450,000 | |
| Listed by Brewer Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017