701 HIGHWOOD DRIVE
About This Property
The updated kitchen boasts custom cabinetry, granite countertops, stainless steel appliances, and easy access to the rear deck and yard-ideal for indoor-outdoor living. Entertain in style in the incredible backyard, complete with a bluestone patio, lush gardens, and a fully fenced yard.
A dedicated side parking area adds convenience, while the thoughtfully landscaped outdoor space provides a serene setting for gatherings or quiet moments. Don't miss this rare opportunity to own a piece of history with all the modern comforts!
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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.
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About Northern Baltimore
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017