1215 Highland Avenue
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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 8, 2021 | No longer available | - | |
| No longer available | |||
| Jul 21, 2021 | Listed by JohnHart Real Estate | $1,448,888 | |
| Listed by JohnHart Real Estate | |||
| | |||
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Situated in the Glenwood neighborhood of Glendale, resides a fully updated charming Tudor styled property that you are sure to love! The property features a picturesque front yard entry with lighting, a paved pathway, & a cozy porch to sit and relax. Inside you will easily be enamored by the well-illuminated floor-plan, original oak floors, soaring ceilings, recessed lighting, Ring Camera and Nest Thermostat. The living room features a large arched window, high ceilings and is just perfect for entertaining. The formal dining room is adjacent to a modern styled chefs' kitchen that's equipped with quartz countertops, top of the line appliances & a pantry! Some highlights include Replacement of cast iron plumbing & sewer lines with new PVC, plus a recently installed top model Navien tank-less water heater with a recirculation pump that provides instant hot water. There was floorboard insulation done under the house & an EcoBatt attic insulation as well for energy efficiency. The property has a Lifesource whole home water filtration system (full package) + RO under sink filtration that's connected to the fridge. The exterior has a drip irrigation system around the home. The large private entertainers yard features lush greenery, a large grass lawn, plus a patio space to add seating. Close to Kenneth Village and Brand Park. The manager has listed the unit size as 2336 square feet.
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| Nov 18, 2019 | Sold | ||
| Sold | |||
| Oct 2, 2019 | Listed by Lion Group Investments Inc | $1,199,000 | |
| Listed by Lion Group Investments Inc | |||
| Aug 17, 2018 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017