1
Map
59 Holmes Street
About This Property
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Cap Rate Calculator
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 30, 2011 | Sold | ||
| Sold | |||
| Sep 29, 2010 | Listed by Coldwell Banker Realty - Newton | $299,000 | |
| Listed by Coldwell Banker Realty - Newton | |||
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.42 acre buildable lot on Holmes Street in the heart of Marion Village. This land comes with town water and sewer and sits outside the newest town flood maps. Adjacent .42lot is also available (57 Holmes Street) giving you the possibility to build your dream home on one acre of land should you choose to purchase both. Just steps away from village shops, beach, playground, local clubs, schools, and town offices.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017