601 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%.
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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 |
|---|---|---|---|
| Jul 22, 2022 | Sold | ||
| Sold | |||
| Jun 20, 2022 | Listed by RE/MAX Universal | $359,000 | |
| Listed by RE/MAX Universal | |||
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Looking for a lake home in like new condition. It is on over an acre and has a 40 x 30 steel frame shop. Cove behind home is off a creek right before it opens into the lake. It has 2 primary bed rooms down and 2 bed rooms up with 3rd bath. It has a 31x11.6 Game room across the back. It is so peaceful you have deer living in your yard. Room for all your lake toys in the shop and can fish off the bank out back. This home has been remodeled from top to bottom. All new stainless steel appliances including the refrigerator. List of upgrades in docs. All this and Whispering Pines Golf Club only a mile away.
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| Mar 3, 2022 | Sold | ||
| Sold | |||
| Oct 25, 2021 | Listed by RE/MAX Universal | $110,000 | |
| Listed by RE/MAX Universal | |||
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If you are looking for a bargain on a lake home in great fishing area, this is it. Square foot does not include added bedroom, bath and sunroom. It has so much potential with over an acre backing up to a cove. There is a 40x30 steel frame shop with roll up door for all your lake toys and more. Home needs some work but for the price it is well worth it. Neighborhood has a boat launch and park area. and just past the neighborhood on FM 3188 is Whispering Pines Golf Club. What a weekend get away.
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| Apr 10, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017