247 Highgate Dr
About This Property
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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 |
|---|---|---|---|
| Mar 21, 2026 | Price Increased |
$100,000
↑ $15K
(17.7%) | |
| Price Increased | |||
| Mar 16, 2025 | Price Decreased |
$85,000
↓ $20K
(19.1%) | |
| Price Decreased | |||
| Feb 28, 2024 | Listed by South Texas Realty Services | $105,000 | |
| Listed by South Texas Realty Services | |||
| Jan 30, 2024 | No longer available | - | |
| No longer available | |||
| Nov 29, 2023 | Listed by Option One Real Estate, LLC. | $100,000 | |
| Listed by Option One Real Estate, LLC. | |||
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Welcome to Bridlegate paradise, this exquisite property offers views, many amenities and more! The gated neighborhood includes 2 neighborhood pools, tennis court, Medina River access, riverfront park, stables and arena, horseback riding trails, jogging trails, workout center, guest rentals, high speed fiber, underground utilities community club house and fitness center. Bridlegate is a gated ranch community featuring underground utilities, central water system and many neighborhood amenities including equestrian facilities and riding trails plus a private homeowner's park on the Medina River. Build the house of your dreams and enjoy the space and comfort of having everything you need and more. Don't miss this amazing opportunity without having to pay city taxes!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017