596 Highlands Lake 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%.
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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 |
|---|---|---|---|
| Mar 28, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2023 | Listed by Berkshire Hathaway HomeServices Georgia Properties | $1,249,000 | |
| Listed by Berkshire Hathaway HomeServices Georgia Properties | |||
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Enjoy extraordinary mountain views and an incredible pool and patio from this 5BR, 4BA, 5400 sqft Luxury Craftsman home. Perched at 2000 feet in elevation, the home sits on 5 acres adjoining US National Forest lands and overlooks the front range of the Blue Ridge Mountains. The recently updated home features a blend of rustic and contemporary finishes with stacked stone masonry, designer fixtures, barnwood accent walls, tongue and groove pine paneling, hardwood floors, and custom built-ins and cabinetry. Open plan main living area includes inviting foyer, family room with 20 ft ceiling, study/office, a gourmet kitchen with breakfast nook and separate dining room. Owners suite has renovated bath with oversized tiled rainfall shower and shiplap paneling, vaulted ceilings, and his and hers walk-in closets. New backyard oasis has heated gunite pool with overflow spa, water features, stacked stone surrounds, slide, smart led lighting, and gas firepit. Upstairs has three bedrooms, one with ensuite bath and private porch. Terrace level includes a gaming area, media room with surround sound and projector, oversized bedroom, full bath, mudroom, and storage. Bonus: separate single car garage/shop building with overhead door. The Highlands Community is a community of estate sized lots and quality homes with a private community lake and walking trail. The home is just a quick ride to The Orchard Golf and Country Club and is located centrally between Atlanta, Greenville, and Asheville.
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| Jun 2, 2017 | Sold | ||
| Sold | |||
| Aug 1, 2007 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017