320 Highland Way
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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 30, 2024 | Sold | ||
| Sold | |||
| Sep 21, 2024 | In contract | - | |
| In contract | |||
| Sep 8, 2024 | Listed by Jeff Wilkinson | $398,500 | |
| Listed by Jeff Wilkinson | |||
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Contemporary vacation chalet in popular Otis Wood Lands. Sunny great room with a cathedral ceiling opens to a spacious deck. This 3BR/2B cabin is set on a hill a short walk from all of the wonderful association amenities: private lake and beach, club house and fitness center, pool, tennis and pickle ball courts. It is located near a trail into Otis State Forest with miles of hiking and cross country skiing trails. Otis Wood Lands is well situated, close to Tanglewood, Jacobs Pillow and most other top Berkshire destinations, yet only 2 3/4 hours to NYC and 2 1/2 hours to Boston.
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| Apr 12, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017