294 Highview Ave
About This Property
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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 5, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Listed by Migneault REALTORS® | $499,000 | |
| Listed by Migneault REALTORS® | |||
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Somerset- Welcome to Highland Park. 8 room 3–4-bedroom 2 bath Tom Place built oversized Cape on a wonderful, treed lot is waiting for its new owner. You will love the freshly resurfaced floors on both levels. The lovely fireplaced living room has a very nice built-in bookcase. The family room offers another brick fireplace anda wet bar with access to an enclosed sun porch. The kitchen is fully applianced with granite counters, ample cabinetry and tile floors. The formal dining room has built ins and excellent natural light. The main bedroom can either be on the first floor or the second floor. Each of the bedrooms have hardwoods and a closet. Recently redone roof, Newer Burnham Boiler with 3 zones. 1 car attached garage, and a nice shed. Town Water and Town Sewer. This one is a MUST SEE!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017