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4715 Highland TER
About This Property
Set beneath two majestic heritage oaks with tree and landscape lighting on a timer, this beautifully remodeled home offers over 2,900 sq ft of light-filled living space. Designed for easy everyday living, the home lives like a single story, with all bedrooms and main living spaces on the ground level and a dedicated upstairs theater as the only second-floor room.
The home underwent a full renovation and thoughtful addition by a previous owner (within the last 10–15 years), and has been recently improved with a brand-new AC system (2024) and new water heater (2023).
Inside, enjoy tall ceilings, oversized windows with electronic blinds, a cozy stone fireplace, and a chef's kitchen featuring a professional-grade Dacor range and high-power Ventahood. The home theater is fully equipped with top-of-the-line Martin Logan 7.1 surround sound speakers, projector, screen, and Denon Heos amplifier-ideal for movie nights or game day.
The layout flows effortlessly to multiple outdoor patios, and the expansive backyard offers endless potential to add a pool or guest house. A full 16-zone irrigation system keeps the lush landscaping thriving, and abundant ceiling lighting throughout ensures every corner feels bright and inviting.
Move-in ready with long-term potential in a truly prime location-this is Highland Park West living at its best.
Now showing by appointment. Contact the listing agent today to schedule your private tour.
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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%.
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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 16, 2025 | In contract | - | |
| In contract | |||
| May 22, 2025 | Listed by Kuper Sotheby's Int'l Realty | $1,375,000 | |
| Listed by Kuper Sotheby's Int'l Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017