2044 HOLCROFT Drive
About This Property
[Seller is offering a 1-0 interest rate buy down! Enjoy a lower interest rate your first year, making monthly payments more affordable. This incentive is lender -funded and available when using the seller's preferred lender - see flyer for more info!]
Where home ownership dreams begin, step into brand-new construction designed for modern living and lasting memories. Now introducing the Aven Floor Plan! Beautiful NEW Construction with quality Craftsmanship, at an Affordable Price! This 3 Bedroom, 2 Bathroom home offers you desirable features and Open Floor Plan. The Kitchen includes Brand New SS Fridge and Range Oven (to be installed prior to closing), Dishwasher & Microwave, Granite Counters, Full Overlay Cabinets, Breakfast Bar and Recess Lighting. The Owners Suite includes Double Sink Vanity and Walk-in Closet. Featuring Durable Wood-Look Vinyl Flooring, carpet in BRs, with Hardi Board cementious siding on the exterior. The convenient 2.. Car Garage is a welcomed touch for added parking space or storage. Everything is NEW, and the 7 Year Structural Warranty helps provide you the peace of mind!
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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