1245 Laurel Lane
About This Property
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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 |
|---|---|---|---|
| Dec 5, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Listed by Berkshire Hathaway HomeServices Vincent Properties | $4,500,000 | |
| Listed by Berkshire Hathaway HomeServices Vincent Properties | |||
| Mar 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 16, 2020 | Listed | $3,299,000 | |
| Listed | |||
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LANDMARK HISTORIC BLOWING ROCK ESTATE WITH PANORAMIC VIEWS. Built in 1924 by the designer of the famed Mayview Manor Resort on his prime lot, Far Horizons is an extraordinary home that has been updated over time to fit the needs of its prominent owners. Perched on a rhododendron-filled ridge, one can enjoy 100+ mile views.The home is state-of-the-art while preserving the original architectural features. One enters through a stone arch into the long foyer extending the length of the house to the sun room opening onto a stone patio revealing spectacular views.The house flows like a contemporary open plan even though it is almost a Century old. The great room with its massive stone fireplace flows into the sun room/bar and the dining room with another stone fireplace. Adjoining is a Chef's kitchen with Wolf range, ovens; Sub Zero refrigerator and other. The 2nd floor has a light -filled master bedroom, adjoining luxurious bath, dressing area/closet and a balcony with hot tub. There are 3 other gorgeous bedrooms with ensuite baths. On the lower level with wrap-around windows is the wine cellar and billiard/game room/bar. A separate 1,000+ sq.ft. guest quarters is over the 3-car garage. The manager has listed the unit size as 6274 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017