1222 Holly Drive
About This Property
You'll be greeted by an open living and dining area, which boasts plenty of natural light and space for entertaining guests. The kitchen was taken to the studs in 2021 and has plenty of cabinet storage with KitchenAid appliances.
Step outside onto a large patio area with a stunning pergola, which provides shade for outdoor dining and relaxing. The backyard also features lush greenery and a well-manicured lawn, providing ample space for outdoor activities as well as an electric gate. The garage features a custom organizational slat wall system and epoxy floors.
Located in a quiet neighborhood, within walking distance to critically acclaimed Arapaho Classical Magnet Elementary, this home has everything!
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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%.
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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 12, 2023 | Sold | ||
| Sold | |||
| Apr 12, 2023 | Listed by Allie Beth Allman & Assoc. | $500,000 | |
| Listed by Allie Beth Allman & Assoc. | |||
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Welcome to this stunning 3 bedroom, 2 bathroom home that has been lovingly cared for and upgraded with thoughtful renovations. Please see the transaction desk for over $160k in upgrades. This home has a fantastic backyard and pergola, and also comes with your own Little Free Library!
You'll be greeted by an open living and dining area, which boasts plenty of natural light and space for entertaining guests. The kitchen was taken to the studs in 2021 and has plenty of cabinet storage with KitchenAid appliances.
Step outside onto a large patio area with a stunning pergola, which provides shade for outdoor dining and relaxing. The backyard also features lush greenery and a well-manicured lawn, providing ample space for outdoor activities as well as an electric gate. The garage features a custom organizational slat wall system and epoxy floors.
Located in a quiet neighborhood, within walking distance to critically acclaimed Arapaho Classical Magnet Elementary, this home has everything!
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About Arapaho Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017