9 Highland Ct
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 |
|---|---|---|---|
| May 19, 2016 | Sold | ||
| Sold | |||
| Mar 3, 2016 | Listed by J. Barrett & Company | $335,000 | |
| Listed by J. Barrett & Company | |||
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East Gloucester 2 BR, 1 Bath Colonial set on a quiet side street with seasonal waterviews! Fully applianced sunlit and open updated kitchen/DR, fireplaced livingroom with pine floors, and slider to large rear deck overlooking yard. Large master bedroom with walk in closet, newly carpeted guest BR, and full bath on 2nd floor. Professionally landscaped with decorative stone patios and perennial plantings. Close to Rocky Neck Art Colony and Cultural District,Gloucester Stage Co. theater, several fine restaurants, Good Harbor and Niles Beach, East Gloucester Elementary School and Bass Rocks Golf Club.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017