5 Holly Avenue
About This Property
The oversized primary suite is a true retreat, complete with a tiled stand-up shower, double vanity, and a walk-in closet. Each of the additional bedrooms offers plenty of space, making this home perfect for families or guests. Roof 2022, HVAC 2024, Tankless Water Heater 2012 Step outside to enjoy the fully fenced backyard with a screened-in porch, perfect for unwinding and taking in the peaceful surroundings. Additional features include a whole-house generator for peace of mind and a sprinkler system on a well to keep the yard lush year-round.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017