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4806 High Point Drive
About This Property
Live in the main home and rent the separate residence to help offset your mortgage!
This non-HOA property sits on approximately half an acre with views of Deer Point Lake and features a private pool, and room to enjoy outdoor living.
The main home offers 3 bedrooms, 2 bathrooms, huge bonus room, and an updated open-concept kitchen with stainless steel appliances and solid-surface countertops. The separate 925-square-foot residence (mother-in-law) next door includes full kitchen 2 bedrooms, 1 bathroom, its own washer and dryer, and a private entrance ideal for guests, multigenerational living, a home office, or rental income.
Flood Zone X- Does NOT require additional flood policy! Boat ramp is less than a half mile away!
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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 |
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| Oct 15, 2026 | Listed by ERA Neubauer Real Estate, Inc | $479,000 | |
| Listed by ERA Neubauer Real Estate, Inc | |||
| Oct 10, 2025 | Listed by ListWithFreedom.com Inc. | $479,999 | |
| Listed by ListWithFreedom.com Inc. | |||
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These homes feature recently renovated open-concept kitchen with stainless steel appliances and solid surface counters. The main home includes three bedrooms, two bathrooms, and a spacious bonus room. The secondary home offers two bedrooms and a recently updated bathroom. The main home also boasts a backyard pool and pavilion area, with both homes secured by fencing for privacy.
Both properties share a septic system and well, which has a newly installed filtering system. The metal roofs on both homes are less than seven years old. This beautiful property is located within a half-mile of Deerpoint Park and Boat Ramp.
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| Mar 21, 2023 | Sold | ||
| Sold | |||
| Jan 16, 2023 | Listed by Overstreet Realty | $440,000 | |
| Listed by Overstreet Realty | |||
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Back and Better than Ever!! Rare 2 home opportunity in popular neighborhood of Highpoint!! Main home - inground pool 3 bed 2 bath PLUS a 2 bed 1 bath 'in-law' home. That's right 1 for the larger family and 1 for your independent family member/s. Beautiful in-law home built in 2006 with all the amenities of a large home, has a bonus room that could be a 2nd bedroom, open floor plan with detached storage shed/carport. The main home is a ranch style brick 3 bedroom 2 bath with a large bonus room for possible 4th bedroom, storage, office, or second living room. Beautiful yard with chain link fencing, lots of fruit trees(plums,lemon,satsuma,etc) and even a certified butterfly garden. Back and Better than Ever!! Rare 2 home opportunity in popular neighborhood of Highpoint!! Main home - inground pool 3 bed 2 bath PLUS a 2 bed 1 bath 'in-law' home. That's right 1 for the larger family and 1 for your independent family member/s. Beautiful in-law home built in 2006 with all the amenities of a large home, has a bonus room that could be a 2nd bedroom, open floor plan with detached storage shed/carport. The main home is a ranch style brick 3 bedroom 2 bath with a large bonus room for possible 4th bedroom, storage, office, or second living room. Beautiful yard with chain link fencing, lots of fruit trees(plums,lemon,satsuma,etc) and even a certified butterfly garden. Don't forget the alluring in-ground pool awaiting you every morning as you walk through for your morning coffee
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| Nov 30, 2022 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017