4503 Highland TER
About This Property
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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 |
|---|---|---|---|
| Sep 24, 2025 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Price Decreased |
$1,387,500
↓ $63K
(4.3%) | |
| Price Decreased | |||
| Aug 1, 2025 | Listed by Kuper Sotheby's Int'l Realty | $1,450,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
| Feb 25, 2025 | Price Decreased |
$499,990
↓ $85K
(14.5%) | |
| Price Decreased | |||
| Feb 3, 2025 | Listed by Kuper Sotheby's Int'l Realty | $585,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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This is your chance to secure a home in Austin’s desirable Highland Park neighborhood at an unbeatable value. Situated on a spacious .2862-acre corner lot, this site offers endless potential for those looking to renovate or rebuild. The surrounding area features high-end homes and is part of an established community with top-rated schools, offering convenience and access to everything Central Austin has to offer. Enjoy being just minutes from renowned dining, shopping, entertainment, and major thoroughfares. The existing home is being sold as-is and requires a full remodel or reconstruction, providing a blank canvas to create your ideal space. Whether you’re planning a custom build or looking for a renovation project, this property offers the foundation for something truly special.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017