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44332 Olive
About This Property
Offering approximately 2,200 square feet of usable living space, 44332 Olive has been refreshed inside and out with updates that give the home a clean, modern feel from the moment you walk in. Recent improvements include fresh interior and exterior paint, new flooring, new lighting, new ceiling fans, new countertops, and new kitchen appliances.
Inside, soaring ceilings and abundant natural light create an open, airy feel throughout the main living spaces. The updated kitchen features crisp white cabinetry, new countertops, new appliances, recessed lighting, and plenty of storage and prep space, opening easily to the surrounding living and dining areas. A separate family room with a fireplace adds another inviting place to gather.
French doors lead to the backyard, where the home really shines. Enjoy a private pool, covered patio with its own ceiling fan, mature palms, and plenty of space for entertaining, dining outdoors, or relaxing by the water.
The converted two-car garage creates additional multigenerational living space, giving the home a flexible 5-bedroom layout ideal for extended family, guests, older children, a home office, or anyone looking for added privacy and separation. With extensive updates, approximately 2,200 square feet of usable space, 5 bedrooms, multiple living areas, multigenerational potential, and a private pool, this home offers a rare combination of space, versatility, and move-in-ready style.
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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