307 Holly Drive
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 8, 2024 | Sold | ||
| Sold | |||
| Jun 26, 2024 | Listed by Keller Williams Preferred | $200,000 | |
| Listed by Keller Williams Preferred | |||
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Located within walking distance from the serene Burnett Bay, this charming three-bedroom, one-bathroom home offers the perfect blend of comfort and convenience. With its prime location, you'll enjoy easy access to waterfront activities, scenic walks, and the tranquil beauty of nature right at your doorstep. This home has been completely updated from top to bottom with a new roof, HVAC, ductwork, insulation, water heater, windows, all new plumbing, gas lines, and sheetrock. The wood floor in the living room has been refinished and new carpet installed in the bedrooms. The kitchen and bathroom have also been updated with beautiful granite, backsplash, new sinks, appliances, and bathtub/shower combination. A laundry room was added in the garage as well as a new garage door opener. In addition to all of these updates, the lot is massive- almost 1/2 acre! And NO HOA! Don't miss the opportunity to own this move-in ready home and enjoy the best of bay-side living!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017