1408 HIGHLAND DR
About This Property
Upstairs, you'll find four generously sized bedrooms, including a primary suite with updated amenities in the primary bathroom, as well as another updated full hall bath and an office space. The finished lower level adds versatility with a recreation room, a full bath, a utility room, and a workshop. The enclosed garage offers potential for additional living space or storage, with access to the rear stone patio ideal for outdoor gatherings and relaxation.
The rear yard is a highlight, boasting beautiful plantings, an upper deck with amazing views, and a fully fenced space for privacy. Ample off-street parking adds convenience, while recent updates such as a new A/C system in 2024 and a newer roof that ensures peace of mind. Opportunities like this, with this size of a home in such great condition and with numerous updates, are rare in Woodside Park. Don't miss your chance to own this gem of a home in the heart of this desirable neighborhood.
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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%.
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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.
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 19, 2024 | Sold | ||
| Sold | |||
| Jun 1, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by Long & Foster Real Estate, Inc. | $1,349,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
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About Silver Spring
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017