1306 Laura Hills 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%.
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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.
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 |
|---|---|---|---|
| Apr 16, 2021 | Sold | ||
| Sold | |||
| Mar 8, 2021 | Listed by BHGRE Gary Greene | $339,000 | |
| Listed by BHGRE Gary Greene | |||
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This open concept home has both front and back patios and will not last long at this price. This beautiful Perry Home sits on a corner lot and was high and dry during Harvey. Two-story entry opens to formal dining room and leads to family room w/ a wall of windows and an 18-ft ceiling. Kitchen has GE gas appliances, granite countertops, ceramic tile backsplash & 42-inch cabinets. Master suite has large bedroom w/ window seat and a garden tub, separate glass-enclosed shower, double sinks and walk in closet in the bath. Large game room upstairs overlooks entry and is current used as office. One of the upstairs bedrooms has been converted into a home theater.
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017