48042 Miami Highlands 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 |
|---|---|---|---|
| Jun 14, 2019 | Sold | ||
| Sold | |||
| Feb 13, 2019 | Listed by Coldwell Banker Premier | $499,000 | |
| Listed by Coldwell Banker Premier | |||
| Nov 6, 2018 | No longer available | - | |
| No longer available | |||
| May 5, 2018 | Listed | $499,000 | |
| Listed | |||
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Privacy, with the best views of any home in the area...no highway noise here. This beautiful 2003 custom built, well cared gem of a home has 3 bdrms, 2 baths on 27+acres. Asphalt driveway from main road leads to a sublime Mtn. top experience. Front covered porch & rear patio areas are built for leisure conversation, entertaining family, friends & simple Mtn. comfort. Kitchen has granite countertops, stainless steel appliances with convection oven, propane cook stovetop, microwave, refrigerator, tile flooring & custom cabinetry. Great room has propane fireplace w/granite hearth, windows on the east & west side for natural light & vaulted ceiling with fan. Newer carpet & tile flooring throughout / HVAC system approx. 18 mos old. Sizable master bedroom is distinct & separate from other 2 bdrms, with its own entry & large walkin closet. Master bath w/2 sinks, granite counters in both baths, separate jetted tub-shower, user-friendly outside entry. Laundry room w/220 & propane hookup. The manager has listed the unit size as 1926 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017