161 HOLLAND ROAD
About This Property
The home features an open floor plan, a large fenced yard, and two storage sheds currently located in the backyard, offering flexibility for storage, hobbies, or future outdoor enhancements. A one-car garage adds additional value, storage and functionality.
Ideal for part-time, seasonal, full-time living, or rental income, this property is a short walk to the no-drive beach via its newly updated beach entrance, and Tom Renick Beachside Park, which offers picnic areas, restrooms, and outdoor showers for rinsing off after a day at the beach. Also nearby is Bicentennial Park, featuring tennis, racquetball, and pickleball courts, two dog parks, and space for cookouts and gatherings.
Enjoy kayaking, fishing, boating, and endless beachside fun close by. Watch space shuttle launches from your backyard or take a moonlit walk along the shoreline during turtle nesting season. Conveniently located for day trips to Disney & Universal theme parks, Kennedy Space Center, and historic St. Augustine, and perfectly positioned for Bike Week, NASCAR races, antique car shows, shopping, dining, and more.
Reach out now for your private showing. Opportunities like this are increasingly rare beachside.
(All info & measurements are deemed to be reliable but not guaranteed and should be verify by Buyer prior to closing.)
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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.
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About Holland by The Sea
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017