8921 Highgate Lane
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 |
|---|---|---|---|
| Nov 3, 2020 | Sold | ||
| Sold | |||
| Oct 16, 2020 | Listed by RE/MAX Signature | $325,997 | |
| Listed by RE/MAX Signature | |||
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*Virtual Tour Available* Welcome to the beautiful 2-story David Weekly home, tucked away in the gated community of Knoll Crossing in Spring Branch. Grand living spaces with high ceilings and large windows let in tons of natural light. Modern finishes throughout, open concept first floor, plus a flex space upstairs and outdoor spaces including a backyard. Extensive upgrades include granite and silestone countertops, decorative tile backsplash, large kitchen island, under cabinet lighting, custom epoxy garage floor, built-in storage in the garage. Pocket doors in the master bathroom and main floor bath, flex space, and laundry room. Mul-T-Lock high-security lock system, Solar 3M window film system, and builder warranty remaining on several key items. Conveniently located just a few minutes from downtown, entertainment, restaurants, malls, and all major highways in a quiet and well-kept community. The neighborhood has a common park area with trellis-covered seating and a dog run park.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017