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637 Holly
About This Property
Step inside to discover new wood vinyl flooring, fresh interior paint, new baseboards, new interior doors and hardware, and new windows throughout, creating a bright and inviting atmosphere. A brand new TCL mini-split HVAC system provides efficient year-round comfort.
The living area is ideal for relaxation and gathering, highlighted by a beautifully redesigned fireplace with a custom hearth and mantel.
The completely renovated kitchen is both functional and elegant, featuring brand-new cabinetry, quartz countertops, new appliances, and a new designer faucet with new plumbing at the sink, The kitchen flows nicely with its open concept and kitchen island, making it the perfect space for everyday living and entertaining. The spacious primary suite offers a relaxing retreat with a large bedroom and beautifully remodeled ensuite bathroom featuring dual vanities, two sinks, new mirrors, updated lighting, a new toilet, custom tile shower with a new shower pan, sleek glass enclosure, and updated plumbing. The primary closet has also been refreshed with a new light fixture. The hallway bathroom includes a new fiberglass tub/shower enclosure, vanity, sink, toilet, lighting, and faucet and new plumbing at the sink.
Outside, the oversized corner-lot backyard patio creates the perfect setting for entertaining, outdoor dining, or simply relaxing while enjoying beautiful sunset views. Additional storage includes a pantry, linen closet, and detached two-car garage with plenty of room for vehicles, hobbies, and seasonal storage. An added highlight, a brand new frontdoor doorbell camera for your added convenience and peace of mind.
Combining quality craftsmanship, timeless finishes, and an exceptional corner-lot location, this is a rare turnkey opportunity you won't want to miss.
The HOA offers a community pool, spa, covers trash and water. Be sure to watch the virtual tour!
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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