1841 HOLIDAY DRIVE
About This Property
Welcome home to this charming 2-bedroom, 1-bath mobile home offering 920 sq. ft. of living space on your own land - with no HOA and no flood zone!
This 1972 home features a covered and screened lanai, large attached storage area with laundry, and a separate outdoor storage shed for added convenience. The covered carport and off-street parking provide plenty of space for vehicles, while the low-maintenance stone yard keeps upkeep simple.
The property is fully fenced with a 6' vinyl privacy fence and chain-link front fence with a rolling gate on wheels, offering both security and accessibility.
With a little TLC and minor updates, this home has excellent potential - ideal as a primary residence, seasonal getaway, or investment rental. No community restrictions and no HOA fees; Garbage and street lights are paid to the community at $62.00 quarterly.
Great location-close to public transportation, shopping, dining, and entertainment. Don't miss out on this one!
Affordable, versatile, and ready for your personal touch - this property is priced to sell!
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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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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017