48 The Heights
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 |
|---|---|---|---|
| Oct 14, 2020 | Sold | ||
| Sold | |||
| Jun 28, 2020 | No longer available | - | |
| No longer available | |||
| Mar 11, 2020 | Price Decreased |
$260,000
↓ $39K
(13%) | |
| Price Decreased | |||
| Oct 29, 2019 | Listed by Southworth Willowbend Real Estate, LLC | $299,000 | |
| Listed by Southworth Willowbend Real Estate, LLC | |||
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|
JUST REDUCED AND READY TO SELL, NEIGHBORING LOT SOLD FOR MORE 1.5 YEARS AGO, THIS IS A GREAT DEAL Great lot with a pond and fountain view overlooking the golf course in a community that is almost built out. If you wait too long, you will lose this opportunity! Willowbend is a top notch community with 27 holes of championship golf, a stadium tennis court along with 7 other hydro true clay courts, fitness center and gym, pool, playground, basketball and pickle ball, 2.5 restaurants, ice cream shop, and events center. A hidden gem that is great for all ages and family friendly.
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| Mar 15, 2019 | Listed | $325,000 | |
| Listed | |||
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JUST REDUCED FOR SALE: Build your dream home on this great lot just with a pond and fountain view overlooking the golf course in a neighborhood that is almost built out. Willowbend is a top notch community with 27 holes of championship golf, a stadium tennis court along with 7 other har-tru clay courts, fitness center and gym, pool, playground, basketball and pickle ball, 2 restaurants, ice cream shop, and events center. A hidden gem that is great for all ages and interests.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017