1123 LAURELWOOD DRIVE
About This Property
Inside, enjoy a remodeled kitchen, updated tile bathrooms, and hardwood floors on two levels. Three wood‑burning fireplaces add warmth and charm throughout. The opulent primary suite includes his‑and‑hers walk‑in closets and a spacious private sitting room. Two additional bedrooms feature ensuite bathrooms.
Generous living and dining rooms complement the cozy family room that opens to the slate patio. The finished walk‑up lower level includes a recreation room, bonus room, fully equipped wet bar, and a large storage/utility room.
Located in the sought‑after Langley High School Pyramid. Optional membership available at nearby Woodside Lake.
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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