5220 Highland Trail
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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 16, 2023 | Sold | ||
| Sold | |||
| Oct 2, 2023 | No longer available | - | |
| No longer available | |||
| Sep 27, 2023 | Listed by Harry Norman Realtors | $390,000 | |
| Listed by Harry Norman Realtors | |||
| | |||
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Ready for a quick close. Refreshed and re-priced with a welcoming front porch, fireside family room and a finished basement. Enjoy casual dining that is open to the kitchen or gather on the screened porch and large deck. Have game night in the finished basement or set it up for a media room. The upper level primary suite provides space to relax and the secondary bedrooms offer room for an office or nursery. Recent updates include the dishwasher, stacked washer/dryer, range, kitchen countertops, secondary bath, AC unit, fenced yard and septic maintenance. All of this convenient to KSU, 575, Acworth and Woodstock.
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| Aug 15, 2023 | Price Decreased |
$400,000
↓ $19K
(4.5%) | |
| Price Decreased | |||
| Jul 20, 2023 | Listed by Harry Norman Realtors | $419,000 | |
| Listed by Harry Norman Realtors | |||
Property Highlights
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About Lake Forrest
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017