12319 May Laurel Drive
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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 |
|---|---|---|---|
| Nov 27, 2024 | Sold | ||
| Sold | |||
| Nov 1, 2024 | In contract | - | |
| In contract | |||
| Oct 3, 2024 | Listed by eXp Realty LLC | $309,900 | |
| Listed by eXp Realty LLC | |||
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This spacious four-bedroom, 2.5-bath home in the Laurel Oak subdivision offers a living room with vaulted ceilings and a cozy fireplace, along with a formal dining area and a dedicated office at the front of the home. The open kitchen features stainless steel appliances and a breakfast nook. The primary bedroom, located on the first floor, includes an ensuite bath with dual vanity sinks, a soaking tub, and a separate walk-in shower. In addition, enjoy the large walkin closet! A convenient half bath is also on the first floor for guests. Upstairs, you'll find three secondary bedrooms, a full bath with a tub-shower combo, and a large game room for additional living space. Book your showing today! Roof is 5 years old.
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About Laurel Oaks
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017