42 High Rock View Drive
About This Property
Every homesite in the already-established community sits on at least 10 acres, preserving the space, privacy, and quiet that make this setting so special. Residents enjoy access to a community garden and a network of scenic hiking trails that meander throughout the community, creating opportunities to explore, unwind, and connect with both neighbors and nature.
Whether you envision a luxury mountain retreat, a full-time residence, or a legacy property to enjoy for generations, this extraordinary homesite offers a setting that is increasingly difficult to find. With electric available, soil testing done and a 4-bedroom septic permit valid until 2029, this land only needs you to bring your vision, your builder, and your imagination. This is truly the location few properties can match.
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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 |
|---|---|---|---|
| Jul 17, 2026 | Listed by Homesource Realty INC | $195,000 | |
| Listed by Homesource Realty INC | |||
| Jun 12, 2015 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017