619 High Trail 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 |
|---|---|---|---|
| Sep 4, 2026 | Listed by Keller Williams Lake Norman | $59,900 | |
| Listed by Keller Williams Lake Norman | |||
| May 22, 2024 | No longer available | - | |
| No longer available | |||
| Apr 29, 2024 | In contract | - | |
| In contract | |||
| Apr 18, 2024 | Listed by Fonta Flora Realty | $44,900 | |
| Listed by Fonta Flora Realty | |||
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Beautiful 3.46 acres of flat wooded land in The Arbors, a private gated community on Lake James. This lot is priced under tax value ($ 82,500) ! Easy access to Marion, Morganton and Asheville. Short Term Rentals ARE allowed ! The Arbor offers a community area with a fireplace, walking trails and boat storage. Build your own home or vacation home here. Nearby you can walk the Fonta Flora Trails and visit the State Park and enjoy all Lake James has to offer. This lot has it all!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017