316 Highland Avenue
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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%.
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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.
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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 27, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 26, 2024 | Listed by RE/MAX Rising | $219,900 | |
| Listed by RE/MAX Rising | |||
| Oct 20, 2019 | No longer available | - | |
| No longer available | |||
| Jul 31, 2019 | Listed | $160,000 | |
| Listed | |||
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Beautifully updated and well maintained home just blocks from IWU, ISU, BroMenn, and Constitution Trail. Located on a corner lot on a brick street in Highland Historical District.The kitchen features Amish made cabinets, Corian counters, granite sink, luxury vinyl tile flooring, and a new fridge, dishwasher, and vented microwave. In 2015 an egress window was installed in the basement which features a full bath and laundry room. There is a basement de-watering system in place. The main floor bath was remodeled in 2017. Most windows are Pella thermal pane tilting. Roof was redone in 2009 and includes gutter screen. The many other updates are identified in a list at the house. Note the spacious yard that extends beyond the 2 car garage. This home is the perfect mix of historic and updated convenience. Lots of living and storage space in a lovely home! The manager has listed the unit size as 1200 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017