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3847 HOLLY DRIVE
About This Property
Upstairs, you'll find four well-proportioned bedrooms and two full bathrooms, providing ample space for family or guests. Step outside to a multi-level deck that overlooks a spacious, level backyard with a convenient storage shed, great for outdoor living and recreation. The driveway has been widened to allow for easier boat parking, adding extra convenience for water enthusiasts. A single-car garage adds everyday practicality, and a new roof adds to your peace of mind.
The crawl space has undergone professional remediation, it features a new sump pump and dehumidifier and has been fully encapsulated and sealed for enhanced efficiency and durability.
Residents also have the option to join a private beach club offering exclusive amenities and potential boat slip access, making this home an exceptional lifestyle opportunity.
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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%.
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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$599,900
↓ $10K
(1.7%) | |
| Price Decreased | |||
| Aug 3, 2026 | Price Decreased |
$609,999
↓ $15K
(2.4%) | |
| Price Decreased | |||
| Jun 29, 2026 | Listed by Charis Realty Group | $625,000 | |
| Listed by Charis Realty Group | |||
| May 11, 2026 | In contract | - | |
| In contract | |||
| May 8, 2026 | Listed by Charis Realty Group | $625,000 | |
| Listed by Charis Realty Group | |||
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Discover this beautifully maintained 4-bedroom, 2.5-bath home nestled in the highly desirable Ponder Cove community, just moments from a nearby beach access. The main floor showcases a modern kitchen featuring sleek Silestone countertops, a stylish subway tile backsplash, stainless steel appliances, and elegant hardwood flooring throughout. Enjoy gathering in the generous rear living space, complete with a warm and inviting fireplace, while a separate front living area offers custom built-in shelving across an entire wall, perfect for a home library or display. The formal dining room creates an ideal setting for entertaining.
Upstairs, you’ll find four well-proportioned bedrooms and two full bathrooms, providing ample space for family or guests. Step outside to a multi-level deck that overlooks a spacious, level backyard with a convenient storage shed, great for outdoor living and recreation. The driveway has been widened to allow for easier boat parking, adding extra convenience for water enthusiasts. A single-car garage adds everyday practicality, and a new roof adds to your peace of mind.
The crawl space has undergone professional remediation, it features a new sump pump and dehumidifier and has been fully encapsulated and sealed for enhanced efficiency and durability.
Residents also have the option to join a private beach club offering exclusive amenities and potential boat slip access, making this home an exceptional lifestyle opportunity.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017