8 Highland Drive
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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 |
|---|---|---|---|
| Feb 5, 2019 | Sold | ||
| Sold | |||
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Aug 6, 2018 | Listed | $399,900 | |
| Listed | |||
| | |||
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Opportunity knocks in Ardsley. Renovate or knock down and rebuild. Expanded cape with enormous potential on a quiet street and idyllic neighborhood. Convenient location to highways, parks, schools, shopping and local village amenities. Full walkout basement. Subject to 3rd party approval. Upstairs pre-plumbed for second bathroom. Lots of upside for those with vision and elbow grease to offer. The manager has listed the unit size as 1134 square feet.
| |||
| Jul 19, 2018 | Listed by J. Philip Real Estate, LLC. | $399,900 | |
| Listed by J. Philip Real Estate, LLC. | |||
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About Ardsley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017