16 Highland Lake Road
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 |
|---|---|---|---|
| Jun 7, 2020 | No longer available | - | |
| No longer available | |||
| Apr 11, 2020 | Listed by Gibson E McKean Inc | $129,000 | |
| Listed by Gibson E McKean Inc | |||
| | |||
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Well maintained ranch home conveniently located close to town, schools, shops, library, restaurants, The Delaware River and many lakes that this area has to offer. Outstanding opportunity for any first time home buyer, retiree, contractor, school teacher or any one looking to downsize. The manager has listed the unit size as 1344 square feet.
| |||
| Oct 18, 2019 | Listed by Gibson E McKean Inc | $129,000 | |
| Listed by Gibson E McKean Inc | |||
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Address: 335 Madison Avenue, New York, NY 10017