2421 HIGHLAND ROAD
About This Property
Situated on a spacious corner lot in the sought-after Victory Lakes community, this fully renovated 3-bedroom, 1.5-bath home offers modern comfort and style throughout. The property features a detached 1-car garage, a partially fenced yard, a storage shed, and a dedicated well house.
Inside, you'll find a completely updated interior with luxury vinyl plank flooring, fresh neutral paint, and modern fixtures throughout. The kitchen has been fully remodeled and includes stainless steel appliances, new cabinetry, and updated countertops. Both bathrooms have been tastefully upgraded with contemporary finishes.
The home is equipped with a new water treatment system and includes passing well water test results for added assurance. Generously sized bedrooms provide ample living space, making this home ideal for a variety of lifestyles.
Located in a lake community, residents can enjoy access to natural surroundings and a peaceful neighborhood setting. This move-in ready home combines updated amenities with the charm of a private, corner-lot location.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Dec 15, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Sep 11, 2025 | Price Decreased |
$389,000
↓ $7K
(1.8%) | |
| Price Decreased | |||
| Aug 4, 2025 | Price Decreased |
$396,000
↓ $3K
(0.8%) | |
| Price Decreased | |||
| Jun 24, 2025 | Listed by Exit Homestead Realty Professionals | $399,000 | |
| Listed by Exit Homestead Realty Professionals | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017