2309 Highland Crossing Drive
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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 |
|---|---|---|---|
| May 26, 2022 | Sold | ||
| Sold | |||
| Apr 29, 2022 | Listed by Fairwater Westmont Real Estate | $275,000 | |
| Listed by Fairwater Westmont Real Estate | |||
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Fantastic one story home in Teas Lakes! This cute 4 bedroom, 2 bath home offers a split floor plan. The kitchen boasts a spacious pantry and looks into the living room with a gas fire place. High ceilings and beautiful archways. Storage galore with multiple secondary closets. Engineered hardwood and tile flooring throughout. No carpet! The spacious primary suite and bath has a walk-in shower, garden tub, dual vanity and a walk-in closet. Large fully fenced yard. Located on a quiet cul-de-sac. Prime location near I-45, dining, shopping, and great schools.
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About Teas Lakes
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Last Updated: 5 months ago
Data Source: HAR , MLS# 56204522
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017