5663 Holly Lane
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 |
|---|---|---|---|
| Jun 16, 2023 | Sold | ||
| Sold | |||
| Dec 29, 2022 | Listed by Water Pointe Realty Group | $7,500,000 | |
| Listed by Water Pointe Realty Group | |||
| | |||
|
One of the largest lots within the perimeter of Pennock Point at 1.6 acres. Private, secluded, completely walled/fenced with gated access, located at the end of the street. Deeper water relative to some of the point lots, making the lift closer to the lands edge. Unincorporated, Palm Beach County overlay. Southerly oriented, facing the wide water views. Come see all the property has to offer you.
| |||
| Sep 7, 2022 | Listed by Water Pointe Realty Group | $7,500,000 | |
| Listed by Water Pointe Realty Group | |||
| Aug 2, 2017 | Sold | ||
| Sold | |||
Property Highlights
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About Pennock Point
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$5,500 /mo
- 3 Beds
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- 1,602 ft²
$4,750 /mo
- 3 Beds
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- 1,541 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017