6285 SE Highland Avenue
About This Property
Hard-to-find property under $500,000! This 3-bedroom, 2-bath home sits on an oversized agriculturally zoned corner lot, allowing farm animals and providing plenty of space for boats, trailers, RVs, equipment, gardens, or even a future pool.
Recent updates include a brand-new roof, new flooring, fresh interior paint, and popcorn ceiling removal. Additional features include a 2-car garage, screened porch, well water, and high elevation.
Located just minutes from the Atlantic Ocean, boating, fishing, I-95, US-1, shopping, restaurants, and schools, this property offers the perfect blend of country freedom and everyday convenience.
No HOA, plenty of room to spread out, and endless possibilities. Schedule your private showing today!
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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 |
|---|---|---|---|
| Jul 24, 2026 | Price Decreased |
$457,000
↓ $17K
(3.6%) | |
| Price Decreased | |||
| May 27, 2026 | Price Decreased |
$474,000
↓ $15K
(3.1%) | |
| Price Decreased | |||
| Apr 23, 2026 | Listed by Illustrated Properties LLC / S | $489,000 | |
| Listed by Illustrated Properties LLC / S | |||
| Jul 25, 2016 | Sold | ||
| Sold | |||
| Dec 16, 1992 | Sold | ||
| Sold | |||
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About Martin
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Currently no similar homes aroundNearby Rentals
$2,800 /mo
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$3,500 /mo
- 2 Beds
- 1 Bath
- 935 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017