658 Highland Gap
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 |
|---|---|---|---|
| Aug 16, 2025 | Price Decreased |
$830,000
↓ $19K
(2.2%) | |
| Price Decreased | |||
| Jun 18, 2025 | Price Decreased |
$849,000
↓ $11K
(1.3%) | |
| Price Decreased | |||
| Apr 11, 2025 | Price Decreased |
$860,000
↓ $15K
(1.7%) | |
| Price Decreased | |||
| Mar 26, 2025 | Listed | $875,000 | |
| Listed | |||
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Tucked away in a private, gated community, this beautifully designed 3-bedroom, 3.5-bath cabin offers the perfect blend of rustic charm and modern luxury. With high ceilings, pre-finished hardwood floors, and wood walls throughout, this home is built for both comfort and style. Main Level features spacious open living area, beautiful rock fireplace with gas logs and plenty of natural light. The kitchen is both stylish and functional, featuring stainless steel appliances, granite countertops, custom backsplash, breakfast bar, and ample cabinetry for storage. The master suite is located on the main level, offering a large ensuite bathroom with a double vanity, private water closet, oversized walk-in tile shower, and a spacious walk-in closet. A separate laundry closet is also conveniently located off the master suite. Outdoor living is a highlight of this home, with a covered main-level porch featuring a real wood-burning fireplace, the perfect spot to unwind. A 1/2 bath is also located on this level for added convenience. The fully finished basement is designed for entertaining and relaxation, featuring wet bar, open living/game room area. The 2nd bedroom includes a large closet and private door leading to the covered terrace-level porch, while the 2nd bathroom boasts a spacious tile shower. The 3rd bedroom functions as a second master suite, complete with private ensuite bathroom, walk-in tile shower. Additionally, this level offers ample storage, a large closet, a finished mechanical room, and a second washer/dryer hookup for added convenience. The covered terrace-level porch offers a private retreat.The gently sloped yard is surrounded by trees, providing both privacy and a peaceful natural setting. The landscaped yard is flat and well-maintained, offering ample parking for guests. Located just a short drive from Blue Ridge, GA, and Murphy,NC this home offers the perfect balance of seclusion and accessibility. Perfect for full or part time living!
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| Oct 21, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017