4584 Holt Road
About This Property
The roof is approximately 10 years old, ensuring durability and longevity. The electric has been updated also has a generator and hook up. City water and has a septic tank system. Character abounds in this home, featuring a unique step-down living room and IMPAC windows throughout the house. There are three covered patios: one in the front, one in the back, and a massive one on the side of the house, perfect for outdoor gatherings. Or there is the opportunity to make more living space or convert to a garage. There's a lot of possibilities. The backyard is a lush oasis with beautiful plants, trees, and foliage, complemented by two open patios, providing plenty of space for relaxation and entertainment.
throughout the house.
The property offers three bedrooms and three bathrooms, along with a/c wall units for customizable comfort. The split-level layout includes a convenient laundry room with a bathroom. The spaciousness of the property, along with its potential for expansion or customization, makes it an ideal investment.
Additionally, the property is conveniently located close to the airport, shops, and various amenities, with the beach just 15 minutes away. And the best part? No HOA fees! This property is priced competitively and is expected to sell quickly due to its desirable features and location. Don't miss out on the opportunity to own this unique piece of paradise!
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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 |
|---|---|---|---|
| May 31, 2024 | Sold | ||
| Sold | |||
| Apr 21, 2024 | Listed by Woolf Realty Inc. | $565,000 | |
| Listed by Woolf Realty Inc. | |||
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About Holt Estates
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$2,100 /mo
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- 855 ft²
$2,450 /mo
- Studio
- 2 Baths
- 2,400 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017