297 Highland Drive
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 |
|---|---|---|---|
| Nov 2, 2026 | Listed by The Charles Reinhart Company | $899,000 | |
| Listed by The Charles Reinhart Company | |||
| Dec 30, 2022 | Sold | ||
| Sold | |||
| Aug 9, 2022 | Listed by The Charles Reinhart Company | $459,900 | |
| Listed by The Charles Reinhart Company | |||
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Nestled high within the trees, towering over Big Wolf Lake, sits this picturesque lake cottage straight from any one of your favorite novels! Boasting exceptional views from countless angles, the "Big Wolf Cottage" is sure to give you the warmest of first impressions! Invite your family & friends to sit down by the water on the spacious 60 ft wide deck with seawall & storage shed or enjoy the sitting areas on either side of the great room FULL of windows showcasing exceptional views of the lake. Don't forget about the large entertaining space in the front of the home perfect for the kids or grandkids, sitting area while approaching the water on the deck or windowed 3 season porch in the front of the house! Concerned about storage or parking? Enjoy an over 600sqft 2 car garage with an over 250sqft workshop! Welcome 6 additional vehicles in the spacious driveway with side gate access for larger items. This year-round cottage has all your modern-day amenities such as a gas forced air furnace with air-conditioning, high-speed internet, gas piped to the grill, gas fireplaces and public sewer to name a few. Grass Lake Schools! Is it time for you to begin enjoying that LAKE LIFE? LET'S GO!!
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| Jul 19, 2004 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017