3 Highland Road
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 |
|---|---|---|---|
| Oct 12, 2022 | Sold | ||
| Sold | |||
| Aug 26, 2021 | Listed by Keller Williams Realty Boston Northwest | $225,000 | |
| Listed by Keller Williams Realty Boston Northwest | |||
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Amazing opportunity: LAKEFRONT LIVING, WATER FRONTAGE ON LOST LAKE! * This special offering consists of THREE separate parcels: 1) .22 acres, boasting over 100 feet of water frontage, with a rustic house in need of work 2) .28 acres across the street to accommodate the new 2-BR septic system 3) .09 acres diagonally across the street * Septic design by Ross Associates, Harvard is in final stages of approval process. * Seller will convey approved septic design & proposal from R. Smith Construction. * Buyer to have septic & well installed at Buyer's expense. * According to Assessor's information, the house offers 1,360 sf. of living space. * It consists of Kitchen, Dining Rm, Living Rm, ½ Bath, Porch & deck on 1st floor, 2 Bedrooms & Full Bath upstairs. * Access to basement via trap door. * PLEASE USE UTMOST CAUTION AS YOU EXPLORE THIS PROPERTY! * Make your lake front dreams come true - renovate the house to make it work for you, or start fresh! A beautiful spot on Groton's Lost Lake!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017