488 Holmes Road
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 |
|---|---|---|---|
| May 23, 2024 | Sold | ||
| Sold | |||
| Jan 18, 2024 | In contract | - | |
| In contract | |||
| Sep 12, 2023 | Listed by McGrath Realty Inc | $469,000 | |
| Listed by McGrath Realty Inc | |||
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Welcome to 488 Holmes Road! This meticulously maintained Ranch Style home sits on 1.7 acres of mature landscaping and boasts 4 bedrooms with 2 full baths. Entering through the front door you arrive in the light filled living room with hardwood floors which flow into the walk-through kitchen and dining area showcasing large glass doors out to the private back deck. Down the long hall you will find a large hall bath with tons of storage, 3 sun drenched bedrooms and a primary suite with walk-in closets and full bath. The lower lever offers additional living space with a wood burning stove, laundry room and two car garage. This home offers a new roof, generator hookups, new hardwood floors, newer driveway and more!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017