408 Highland 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 |
|---|---|---|---|
| Dec 9, 2022 | Sold | ||
| Sold | |||
| Nov 1, 2022 | Listed by City Real Estate | $290,000 | |
| Listed by City Real Estate | |||
| Jan 20, 2019 | No longer available | - | |
| No longer available | |||
| Oct 7, 2018 | Listed | $219,900 | |
| Listed | |||
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SPARKLING. Totally updated. Two living areas with formal dining room and breakfast bar in the kitchen. Includes New Windows, Granite counter tops, High-end stainless steel appliances, Tile bathrooms, Carpet in the bedrooms. Unique floor plan includes a great mud room between the kitchen and utility which provides for entrance to the garage or the backyard. Great big corner lot with side entry garage with walk in storage closet area. Second living area has a brick fireplace and french doors that step out to a patio and over sized yard. Plenty of room for a pool. Plenty of room to party! The manager has listed the unit size as 1764 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017