40 Highland St
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 |
|---|---|---|---|
| Sep 15, 2014 | Sold | ||
| Sold | |||
| Jul 21, 2014 | Listed by Kinlin Grover Real Estate | $244,000 | |
| Listed by Kinlin Grover Real Estate | |||
| Oct 11, 2011 | Sold | ||
| Sold | |||
| Dec 11, 2009 | Sold | ||
| Sold | |||
| Aug 8, 2009 | Listed by Priscilla Stolba RE | $195,000 | |
| Listed by Priscilla Stolba RE | |||
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Terrific Short Sale opportunity! Agressively priced for a quick sale is this 3 bedroom 1 bath home located in the lovely Briarwood Association. Surrounded by higher priced homes, this house is in need of quite a bit of work but will be well worth the effort. Walk to gorgeous Association Beach and play area on the fully recreational John's Pond. Sale is Subject to Lender Approval for a Short Sale.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017