589 Holmdel 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 |
|---|---|---|---|
| Feb 23, 2023 | Sold | ||
| Sold | |||
| Dec 8, 2022 | Listed by RE/MAX Imperial | $329,900 | |
| Listed by RE/MAX Imperial | |||
| Dec 30, 2016 | Sold | ||
| Sold | |||
| Nov 15, 2016 | Listed by Realty Connect Group, LLC | $202,499 | |
| Listed by Realty Connect Group, LLC | |||
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First time on the market. Perfect for the buyer just starting out. Perfect location for someone who needs access to the train (right down the road) or NY bus is close by. All good sized rooms thru out this ranch style home. Roof replaced Oct 2014. Hardwood floors thru out. Kitchen & bath have tile floor. Arched entry ways in the home give it charm and character. Eat in kitchen was updated. Formal dining room. Newer windows. Off street parking with driveway. Garage is attached to the home. Generous sized back yard to have the get-to-gethers. Back of house is Park Ave and possible access from there. Huge unfinished basement for lots of storage area and for a work shop. Direct access to basement from interior of the home. Home warranty included also!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017