159 Holmes Road
About This Property
The main level features gleaming hardwood floors and a cozy whitewashed fireplace, creating the perfect setting for relaxing evenings. The chef-inspired kitchen boasts granite countertops, a large peninsula ideal for gatherings, and sleek stainless-steel appliances. Upstairs, you'll find three generously sized bedrooms filled with natural light, including a serene primary suite with a walk-in closet and private bath. An additional full bath on this level ensures convenience for family and guests. The finished basement offers endless possibilities, whether you envision a home theater, gym, office, or playroom, this space can be tailored to suit your lifestyle. Outdoor living is just as inviting, with a private patio for morning coffee or evening entertaining, a basketball court in the backyard, and a welcoming front porch that enhances the home's curb appeal. Additional features include solar panels for energy efficiency, a 2-car attached garage, and oil heat. This property truly offers a blend of elegance, functionality, and comfort, ready to welcome its next owners!
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017