5738 Highline Drive
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 |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Mar 11, 2026 | In contract | - | |
| In contract | |||
| Mar 3, 2026 | Price Decreased |
$425,000
↓ $15K
(3.4%) | |
| Price Decreased | |||
| Jan 11, 2026 | Price Decreased |
$440,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
| Oct 21, 2025 | Listed by Encompass Real Estate Group | $450,000 | |
| Listed by Encompass Real Estate Group | |||
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If you're looking for a property that combines space, freedom, and comfort, this might just be the perfect spot for you. Situated on a sprawling 2.84-acre lot in the heart of Montgomery—a place where country charm meets modern convenience. This 2,064 SF home has fresh paint, new LVP flooring in the living room, spray foam insulation 2023, new roof 2025, windows replaced 2023, AC 2023, new gutters!
Unrestricted property—enjoy the freedom to customize or expand. Featuring 20x20 metal shop on a slab—ideal for workshops, additional storage, or creative spaces. Covered parking area for vehicles or tractor, plus room for an FFA/4H animal too! Also - In ground swimming pool to help beat the Texas heat and a hot tub on the patio for those chilly winter nights.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017