541 Highland Boulevard
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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 22, 2020 | Sold | ||
| Sold | |||
| May 8, 2020 | Listed by Redfin Corporation | $299,900 | |
| Listed by Redfin Corporation | |||
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MOVE-IN READY! Beautiful one-story 3 bedroom, 2 bath Richardson home warmly welcomes you the moment you walk in. Completely updated with original hardwoods and slate floors. Updates include: HVAC replaced, Garage with epoxy paint and garage door opener, lighting, stone gas fireplace, and appliances 03.2020. The kitchen and bathrooms also recently renovated. Large open living room with stately fireplace is perfect for entertaining guests. Gourmet eat-in kitchen with built-in stainless steel appliances, tile backsplash, and ample storage space. Texas-sized backyard with patio and mature trees provides additional outdoor living and entertaining space. Magnet school within 1 mile! Virtual Showings Available.
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| Oct 25, 2019 | Sold | ||
| Sold | |||
| Sep 26, 2019 | Listed by Corey Simpson & Associates | $200,000 | |
| Listed by Corey Simpson & Associates | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017