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Map
307 Highland Spring LN
About This Property
You'll have the freedom to choose your own builder (subject to Highland Estates' declaration of covenants) and bring your vision to life. Conveniently located just minutes from Lake Georgetown, Russell Park, and Georgetown shopping, this property combines privacy with accessibility. Priced to sell!
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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 |
|---|---|---|---|
| Oct 2, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Listed by Century 21 Stribling Properties | $320,000 | |
| Listed by Century 21 Stribling Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017