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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 7, 2021 | Sold | ||
| Sold | |||
| Oct 29, 2020 | Listed by RE/MAX Cross Country | $385,000 | |
| Listed by RE/MAX Cross Country | |||
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Huge covered and screened patio overlooking large back yard. HIGHLAND SHORES 4BR,2.1BA,2LA w study on a cul de sac. Granite kitchen counters and family room and overlook heavily treed backyard. Master suite including large walk in closet, jet tub, separate shower, granite counters, updated fixtures. Large game room OR BR 4 with 2 closets, large walk out storage over garage. Highland Shores amenities, great schools and over 5 miles of beautiful walking and jogging trails all thru the neighborhood. 3 pools and tennis courts. Oversized lot with huge covered patio. Walk to elementary and middle school.
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About Highland Shores
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Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 14462440
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017