325 Highland Road
About This Property
The main level offers a gracious flow for everyday living and entertaining. It is distinguished by a welcoming entrance foyer, a comfortably warm paneled library, a formal living room with fireplace, which flows through to an adjoining second living room. Both rooms are highlighted by French doors leading to the beautiful expansive patio....ideal for seamless indoor-outdoor living. Blending efficiency with style, the kitchen-family room is the heart of the home, showcasing custom built-ins, a stone fireplace, and French doors leading to the patio.
Upstairs, two ensuite bedrooms are complemented by a versatile family room/den with fireplace, and a cozy alcove, perfect for a nursery or office. Outdoor amenities include a resort style pool, hot tub and pool house with half bath and shower, all surrounded by mature trees and lush greenery, radiating incredible serenity. An oversized two car garage includes a private staircase leading to a hideaway apartment complete with its own bedroom and full bath....ideal for guests, in-laws, or a private home office. This beautiful classic Colonial, where space, style and setting come together effortlessly, offers an incredible opportunity in today's market
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017