226 Highland 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 |
|---|---|---|---|
| Feb 11, 2019 | Sold | ||
| Sold | |||
| Nov 18, 2018 | No longer available | - | |
| No longer available | |||
| Aug 14, 2018 | Listed | $1,845,000 | |
| Listed | |||
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Have you ever dreamt of a home that was so comfortable, beautiful, and picturesque that you never wanted to leave? Tucked between the Pacific Ocean and the Aptos hills, this 1935 Californian Spanish gem paints the perfect fairytale beach lifestyle through sexy architecture, spectacular ocean view sunsets, and period charm that is truly irreplaceable. There won't be a jaw that doesn't drop when they walk through the door of envy from the view that awaits. Imagine reading on your iPad with views more magnificent than the famed " Apple Retina Display" or cocktail parties that require no preparation as the views and architecture are so tantalizing they will always steal the show. It doesn't end there; the house is updated from head to toe, the streets are lined with Cypress trees reminiscent of Carmel, the micro-climate is wind protected and warmer than most surrounding areas, it's within two miles of the majority of Aptos area amenities and less than an hour from the Bay Area. The manager has listed the unit size as 1839 square feet.
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| Jun 26, 2018 | Listed by Strock Real Estate | $1,845,000 | |
| Listed by Strock Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017