506 High Rock
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 20, 2024 | Sold | ||
| Sold | |||
| Apr 30, 2024 | Listed by William Raveis R.E. & Home Services | $1,500,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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This wonderful home has been updated and expanded, maintaining its' character while improving its' livability. Enter through the screened front porch. The first floor has a living room with fireplace, a formal dining room, and an eat in kitchen with island open to a family room with sliders to a back deck. There's plenty of storage, a mudroom and updated half bath. The second-floor main bedroom has an en suite bath (with skylights) and walk in closet. Well-equipped laundry room is down the hall. Three additional bedrooms, all well sized and private, share a family bath. The second-floor bonus room, currently used as a second family room, is perfect for an oversized office and large enough to easily host a personal work out space - or for use as a 5th bedroom. The basement includes a workshop, ample storage space, and is, as yet, unfinished. The back yard is large and well shaded. The front yard boasts flowerbeds and mature magnolia trees. Close to Town Center, schools, and Town Forest.
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| May 23, 1994 | Sold | ||
| Sold | |||
| Jul 1, 1987 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017