865 HOLMGREEN RD
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 |
|---|---|---|---|
| May 4, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 16, 2025 | Price Decreased |
$127,500
↓ $10K
(7.3%) | |
| Price Decreased | |||
| Mar 26, 2025 | Listed by INFINITE REAL ESTATE | $137,500 | |
| Listed by INFINITE REAL ESTATE | |||
| | |||
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This property offers a great value-add opportunity for investors. The home has strong potential to increase the property's value. Located in an established neighborhood, it appeals to both future homeowners and renters. With nearby properties showing promising market trends, this as-is property provides a versatile investment option for those looking to enhance and maximize returns.
| |||
| Jun 10, 2016 | Sold | ||
| Sold | |||
| Feb 18, 2016 | Listed by RE/MAX Integrity | $69,999 | |
| Listed by RE/MAX Integrity | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017