1428 Highland Avenue
About This Property
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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 27, 2024 | Sold | ||
| Sold | |||
| Aug 14, 2024 | In contract | - | |
| In contract | |||
| Jul 18, 2024 | Listed by Salt Marsh Realty Group | $529,900 | |
| Listed by Salt Marsh Realty Group | |||
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Prime Highland Avenue home situated on lovely corner lot with expansive city views. Traditional interior floor plan. Front to back living room with lovely working fireplace, family room with built ins, large eat in kitchen and half bath. Second floor features master with its own bath, 2 additional bedrooms and a full family bath. Central AC on second level. Oak hardwood flooring throughout. House has had some upgrades including Anderson windows. Full walk out lower level with large slider, brick hearth with fireplace, bath with shower and loads of storage. Oversized deck off the main living area with panoramic views across to Somerset. House is a diamond in the rough but can be a great finished project. Detached 2 car garage. Sellers are motivated. Immediate occupancy.Open House Tuesday, 7/23 5-6:30 pm.
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| Jan 9, 1970 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017