11507 Highgrove 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 |
|---|---|---|---|
| Jun 3, 2024 | Sold | ||
| Sold | |||
| May 7, 2024 | In contract | - | |
| In contract | |||
| Apr 25, 2024 | Listed by eXp Realty LLC | $585,000 | |
| Listed by eXp Realty LLC | |||
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Nestled in Lakeside Place, this 4-bed, 2.5-bath gem exudes curb appeal and charm. Floor-to-ceiling windows flood the space with light, complemented by a captivating fireplace in the family room. The kitchen boasts granite countertops and brand-new stainless-steel appliances. The primary bedroom downstairs offers luxury with a walk-in shower, tub, dual sink vanity, and two walk-in closets. Upstairs, three bedrooms share a full bath. The backyard is perfect for summer barbecues. Recent updates include new flooring, carpet, appliances (all in 2024), and a roof replacement in 2022. Did not flood during Harvey. Schedule your tour Today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017