74 Holly Avenue
About This Property
The main level features a foyer, den, large living room, formal dining room, and an eat-in kitchen with breakfast bar. Sliding doors lead to a deck and private yard. Hardwood floors throughout.
Upstairs includes 3 bedrooms and a full bath, one of them in the walk up finished attic. Full finished basement adds even more versatility.
With great space and solid bones, this home just needs finishing touches to truly shine. , Recent updates include a gas boiler under 3 years old and a newer hot water heater.
Detached 2-car garage and private driveway. Conveniently located near NICE bus lines N48, N49, N55, and N70, the Long Island Rail Road (Hempstead & West Hempstead lines), major roadways, Eisenhower Park, Hofstra University, and Roosevelt Field Mall.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017