2218 Highpoint Drive
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 |
|---|---|---|---|
| Sep 20, 2023 | Sold | ||
| Sold | |||
| Aug 17, 2023 | In contract | - | |
| In contract | |||
| Aug 9, 2023 | Listed by BHHS Fox & Roach-West Chester | $215,000 | |
| Listed by BHHS Fox & Roach-West Chester | |||
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Attention all investors and home buyers that have handyman skills!
This home only needs the final touches to complete the 5-bedroom renovation project. The main floor owner’s bedroom has an ensuite bathroom that includes a large walk-in shower. The kitchen has under cabinet lighting, 2 sky-lights and stainless-steel appliances. The roof is 4 years new! There is an oversized 2-car garage (with loft) that provides extra room for a potential shop or storage for lake toys. The property is nestled at the end of a quiet cul-de-sac yet centrally located to all the amenities of this private lake community. There are too many activities to list here but some of them are access to a private motorboat lake, a private ski slope (with ski rentals available), tubing & ice skating, a nine-hole golf course, an Indoor Recreation Complex with tennis & basketball as well as an Outdoor Recreation Complex that includes pools, beaches, mini-golf, pickleball & tennis courts. This home is priced to sell quickly. Inspections are welcome knowing the home is being sold in as-is condition.
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| Aug 21, 2004 | Sold | ||
| Sold | |||
| Jun 10, 2004 | Listed by RE/MAX Best | $134,900 | |
| Listed by RE/MAX Best | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017