309 Highland Avenue
About This Property
Unique Find in housing. This home was custom built and then enhanced even more by finishing out the upstairs. 4 bedrooms with 4.5 bathrooms is amazing but when you combine the finishing touches of a custom builder, it just gets better. Grab your Realtor and come check out the vaulted wood ceilings, custom bathrooms, walk-in closets, great office space and more. On the outside you can enjoy the over-sized back porch, custom cornhole court, large back yard with almost one half acre. The roof of course is in good shape with high end Architectural shingles. Lots of custom features including spray foam insulation, pocket doors and so much more.
This house is located on a cul-de-sac which makes it very quiet. No houses behind it either. Very close to Ovilla Road for all of your shopping needs or quick access to I35.
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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 1, 2025 | Sold | ||
| Sold | |||
| Sep 8, 2025 | In contract | - | |
| In contract | |||
| Sep 1, 2025 | Listed by Pinnacle Realty Advisors | $400,000 | |
| Listed by Pinnacle Realty Advisors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017