112 Highland Drive
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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 |
|---|---|---|---|
| Jul 21, 2021 | Sold | ||
| Sold | |||
| May 26, 2021 | Listed by Houston Realty Team | $149,900 | |
| Listed by Houston Realty Team | |||
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Beautifully updated charmer in Hitchcock! You'll feel comfortable right away as you enter the home, as it has been updated with many recent upgrades including gorgeous flooring and new paint throughout. The fully fenced backyard has a patio and NO backyard neighbors! Natural light fills the space from all the windows. Great location on a quiet street. Easy access to Houston and Galveston. Come see this one today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017