12314 Ocean Laurel Lane
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jun 20, 2024 | Listed by Ameristar, REALTORS | $249,900 | |
| Listed by Ameristar, REALTORS | |||
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Beautiful 1-story Laurel Oaks home with a fenced in backyard. The large living room features a gas log fireplace. It's open to the dining area with sliding glass doors leading to the patio/deck. The primary bedroom has an ensuite bathroom with separate shower and jetted tub, huge walk-in closet! Kitchen has lots of counterspace and a walk-in pantry.
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About Laurel Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017