406 Highland Drive
About This Property
The large living room sets the tone for cozy evenings or lively get-togethers, while the good-sized kitchen provides plenty of space for cooking, gathering, and making memories. A nice full bathroom has been thoughtfully updated, including a standout marble shower that adds a touch of luxury to your daily routine.
Out back, you'll find a fenced-in yard - ideal for pets, play, or hosting weekend barbecues. And with restaurants, shopping, and Aspire Park all within 3 minutes, you're never far from anything you need.
If you're looking for comfort, convenience, and community all in one - this is the place to call home. Home is being sold AS IS.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 3, 2025 | Sold | ||
| Sold | |||
| Apr 16, 2025 | Listed by Wallace Real Estate | $290,000 | |
| Listed by Wallace Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017