505 High Road
About This Property
The home includes a convenient Jack and Jill bathroom, while the expansive primary suite is a true retreat with separate his-and-her bathrooms for added privacy and luxury. In total, the home offers 3 showers and 4 toilets, designed to accommodate both family and guests with ease.
Enjoy a large, well-equipped laundry room complete with a sink, making everyday tasks more efficient. Major updates include a full rewire of the home, two AC units that are only a couple of years old, and a gas water heater and gas lighting for energy efficiency. Come Tour today to check out one of the best views from just outside the back yard!
The property also features a 2-car garage and a generator outlet capable of powering the entire home-providing peace of mind during outages.
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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 8, 2026 | Price Decreased |
$549,900
↓ $50K
(8.3%) | |
| Price Decreased | |||
| Jun 30, 2026 | Price Decreased |
$599,900
↓ $65K
(9.8%) | |
| Price Decreased | |||
| May 9, 2026 | Listed by Turnkey Realty LLC | $664,900 | |
| Listed by Turnkey Realty LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017