264 Highgate Park BOULEVARD
About This Property
Venture outside from this sanctuary to the extended pool area, a true highlight of the home. Here, you're greeted by a custom pool bar, ideal for entertaining or enjoying quiet moments. The expansive seating area overlooks the private pool and spa, which was recently fitted with a new energy efficient pool heater & pool pump and offers a secluded haven for relaxation or lively gatherings. You will also find an outdoor shower & bathroom for added convenience. Surrounded by privacy with no rear neighbors, and backing onto the community wall, this outdoor space is a peaceful escape, harmoniously blending comfort and luxury. Experience a world of wonder and luxury in this one-of-a-kind fully furnished home where every room is an adventure! This home has been a successful vacation rental property, designated as "Super Host" & Guest Favorite" status on Airbnb and earning $52k-$65k each year over the past 3 years. $10,900k in bookings already confirmed for 2024 and ready to transfer to new owner. Virtual Tour Available!!
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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 |
|---|---|---|---|
| Apr 19, 2024 | Sold | ||
| Sold | |||
| Mar 19, 2024 | In contract | - | |
| In contract | |||
| Feb 27, 2024 | Price Decreased |
$470,000
↓ $5K
(1.1%) | |
| Price Decreased | |||
| Feb 18, 2024 | Price Increased |
$474,999
↑ $99
(0%) | |
| Price Increased | |||
| Feb 9, 2024 | Price Decreased |
$474,900
↓ $20K
(4.1%) | |
| Price Decreased | |||
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About Highgate Park
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$2,750 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017