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1812 Highland Drive E
About This Property
Ready for a new owner, this property offers the flexibility to move in, hold as an investment, add your personal touch, or build the home of your dreams. Surrounded by high-end estates and new construction, this hidden gem presents an exciting opportunity in a highly sought-after area.
The possibilities are endless, and opportunities like this don't come along often. Schedule your private viewing today!
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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 |
|---|---|---|---|
| Sep 27, 2026 | Listed by Century 21 Mike Bowman, Inc. | $309,000 | |
| Listed by Century 21 Mike Bowman, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017