8401 Highcrest 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 |
|---|---|---|---|
| Nov 30, 2022 | Sold | ||
| Sold | |||
| Sep 20, 2022 | Listed by BHGRE Gary Greene | $275,000 | |
| Listed by BHGRE Gary Greene | |||
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Wonderful Opportunity to be in sought after neighborhood of Ridgecrest! Large 8,125sqft Treed Lot perfectly located on Quiet Street in Fast Growing Section of Spring Branch. New Construction Custom Homes popping up throughout. Close in town to Galleria, Memorial Area, Downtown, Memorial Park, 610, I-10, 290, Shops, and Restaurants. Being sold as-is, where-is. Update and Move In or Build New! Location, Location, Location!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017