31 Highland Lane
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 |
|---|---|---|---|
| Aug 29, 2025 | Sold | ||
| Sold | |||
| Jul 28, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Listed by Coldwell Banker Realty - Western MA | $399,000 | |
| Listed by Coldwell Banker Realty - Western MA | |||
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Set back on a wooded 0.71-acre lot, this ranch style home offers the convenience of single floor living with flexible space throughout. The living room features a picture window, hardwood floors, and a wood stove. The kitchen includes granite countertops, stainless steel appliances, and a door leading to the back deck ideal for taking in the quiet surroundings. Three generous sized bedrooms all offer hardwood floors and closet space, with a full shower tile bath. Just off the kitchen, a bonus room provides options for a fourth bedroom, office, playroom, or media room. A finished room in the basement is perfect for a home gym, hobby space, or workshop. New central air for these summer months and circular driveway for easy access and extra parking. Enjoy the outdoors in the beautiful level backyard, while remaining close to local routes and everyday conveniences. Make this home yours today!
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| Jan 5, 2018 | Sold | ||
| Sold | |||
| Oct 4, 2017 | Listed by Bourque Real Estate | $142,500 | |
| Listed by Bourque Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017