406 HighBrook Drive
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 |
|---|---|---|---|
| Apr 7, 2025 | Sold | ||
| Sold | |||
| Mar 23, 2025 | In contract | - | |
| In contract | |||
| Mar 21, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Mar 6, 2025 | Listed by Oak & Stone Realty Advisors | $375,000 | |
| Listed by Oak & Stone Realty Advisors | |||
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Exceptional Residential Lot in Prestigious Canyon Creek! This is a rare and exciting opportunity to own a premium residential lot in the highly desirable Canyon Creek neighborhood. Surrounded by mature trees, beautifully maintained homes, and a welcoming community, this lot is the perfect blank slate to build the home of your dreams. With no HOA and no building restrictions, you have complete creative freedom to design and construct a home that fits your lifestyle, whether it’s a modern masterpiece, a charming traditional home, or something entirely unique. One of the standout features of this property is its prime location. Just steps away from the private Canyon Creek Golf Course & Country Club, this lot provides incredible access to one of the most scenic and well-maintained golf courses in the area. Whether you’re an avid golfer or simply enjoy the peaceful surroundings of a golf community, this location offers a rare combination of luxury and convenience. Beyond golf, you’ll love the nearby shopping and dining options in Twin Creeks, a vibrant area filled with top-rated restaurants, boutique shops, and entertainment. Whether you’re in the mood for a casual brunch, an upscale dinner, or a day of shopping, everything you need is just a short drive away. For those who commute or travel frequently, this location offers easy access to major highways, including George Bush Tollway, Highway 75, and the Dallas North Tollway. This means you can get to downtown Dallas, major business centers, airports, and other key destinations with ease. Despite the close proximity to major roadways, the neighborhood remains peaceful and residential, giving you the best of both worlds—convenience and tranquility. This exceptional lot is a rare find in one of the most sought-after neighborhoods in the area. Opportunities like this don’t come around often, so don’t miss your chance to secure a place in Canyon Creek. Contact us today for more details and start planning your dream home!
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| Feb 11, 2025 | Listed by Oak & Stone Realty Advisors | $375,000 | |
| Listed by Oak & Stone Realty Advisors | |||
| | |||
|
Exceptional Residential Lot in Prestigious Canyon Creek! This is a rare and exciting opportunity to own a premium residential lot in the highly desirable Canyon Creek neighborhood. Surrounded by mature trees, beautifully maintained homes, and a welcoming community, this lot is the perfect blank slate to build the home of your dreams. With no HOA and no building restrictions, you have complete creative freedom to design and construct a home that fits your lifestyle, whether it’s a modern masterpiece, a charming traditional home, or something entirely unique. One of the standout features of this property is its prime location. Just steps away from the private Canyon Creek Golf Course & Country Club, this lot provides incredible access to one of the most scenic and well-maintained golf courses in the area. Whether you’re an avid golfer or simply enjoy the peaceful surroundings of a golf community, this location offers a rare combination of luxury and convenience. Beyond golf, you’ll love the nearby shopping and dining options in Twin Creeks, a vibrant area filled with top-rated restaurants, boutique shops, and entertainment. Whether you’re in the mood for a casual brunch, an upscale dinner, or a day of shopping, everything you need is just a short drive away. For those who commute or travel frequently, this location offers easy access to major highways, including George Bush Tollway, Highway 75, and the Dallas North Tollway. This means you can get to downtown Dallas, major business centers, airports, and other key destinations with ease. Despite the close proximity to major roadways, the neighborhood remains peaceful and residential, giving you the best of both worlds—convenience and tranquility. This exceptional lot is a rare find in one of the most sought-after neighborhoods in the area. Opportunities like this don’t come around often, so don’t miss your chance to secure a place in Canyon Creek. Contact us today for more details and start planning your dream home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017