542 Highland Road
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 |
|---|---|---|---|
| Jan 13, 2023 | No longer available | - | |
| No longer available | |||
| Jan 3, 2023 | Price Decreased |
$447,410
↓ $12K
(2.7%) | |
| Price Decreased | |||
| Sep 23, 2022 | Listed by Little Saigon Realty | $459,900 | |
| Listed by Little Saigon Realty | |||
| | |||
|
LOCATION near Lake: Nice small and cute little cabin with potential to build ADU or an extra home at the back or second level. Plenty of spaces for parkings. Perfect for family with children. Walk to the LAKE, near Village, near all hotels & restaurants and shops around. The manager has listed the unit size as 440 square feet.
| |||
| Jun 24, 2022 | No longer available | - | |
| No longer available | |||
| Jun 22, 2022 | Price Decreased |
$462,500
↓ $10K
(2%) | |
| Price Decreased | |||
Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017