2 Highland Road
About This Property
***House is being sold with additional .15 acre non-conforming parcel (Blk 222 Lt 45) directly across the street from 2 Highland Rd. Assessment is $278,000 (taxes are additional $6349--assessor's office has indicated there is possible grounds for grievance in 2017). Home is being sold "as is." Additional Information: ParkingFeatures:2 Car Attached,
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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 |
|---|---|---|---|
| Jan 12, 2017 | Sold | ||
| Sold | |||
| Dec 1, 2016 | Listed by Julia B Fee Sothebys Int. Rlty | $975,000 | |
| Listed by Julia B Fee Sothebys Int. Rlty | |||
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About Westchester
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Data Source: OneKey MLS
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Address: 335 Madison Avenue, New York, NY 10017