12310 LAUREL TERRACE Drive
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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.
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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 14, 2023 | No longer available | - | |
| No longer available | |||
| Apr 22, 2023 | In contract | - | |
| In contract | |||
| Apr 10, 2023 | Listed by Compass | $1,975,000 | |
| Listed by Compass | |||
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Located in the sought-after Silver triangle of prime Studio City, this Spanish Revival home invokes the romance of Old Hollywood with character-filled details everywhere you turn. A mosaic fountain greets you as you enter the gate, with stairs leading you to the front door. The Main living space is an open concept floor plan featuring a living room with stunning 20 ft ceilings with rustic exposed wood beams, arched walls, French doors leading to a balcony, large windows, sunken wet bar and gas fireplace, a formal dining area and newly remodeled eat-in kitchen that any chef would admire. The kitchen features a Subzero glass door refrigerator, Thermador six burner stove and dishwasher, Carrera marble countertops with breakfast bar and stunning Solis honed grey and white Spanish tile backsplash. A semicircular breakfast nook completes the dreamy kitchen space. Up a few steps from the living room you'll find the spacious primary suite that evokes the feeling of vacationing in Big Sur and features more vaulted rustic wood beamed ceilings, a gas fireplace, a walk-in closet, a Juliette balcony with French doors overlooking the living room and an open concept en-suite bath with dual vanity, custom artisan tile work and large spa-style glass enclosed shower. A few steps down from the living room you'll find the guest bedroom with office nook as well as the renovated guest bathroom with tub, marble backsplash, hex terracotta tile floor and marble vanity with black & white botanical sink/mirror. The backyard space is made up of three distinct and newly remodeled patio spaces with a newly added Sonos speaker system, perfect for entertaining. One patio can serve as an outdoor dining area, while another patio features a new fireplace and is the perfect place to sit and relax by the fire. A few steps up from there you'll find the top patio which features a newly added Jacuzzi tub. There is also storage which can serve as a wine cellar off of the two car garage. This South of the Boulevard location is unbeatable. Blocks away from Shopping and dining on Ventura. Spend your Sundays at the nearby Farmer's Market or hiking the trails of Fryman Canyon. In the award-winning Carpenter School district. The manager has listed the unit size as 2292 square feet.
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| Aug 8, 2017 | Sold | ||
| Sold | |||
| Jun 22, 2017 | Listed by Pacific Union International | $1,269,000 | |
| Listed by Pacific Union International | |||
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About South Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017