135 Lawrence Marshall Drive
About This Property
The lot lies within Hempstead ISD and is part of a deed-restricted subdivision designed to preserve long-term value and neighborhood consistency. With city proximity while still offering a quiet, semi-rural atmosphere, this property presents an excellent opportunity for buyers looking to build now or hold for future development.
Residents of the gated community of Legendary Oaks enjoy amenities such as a community pool, an 18 hole golf course, driving range and tennis courts.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 22, 2026 | Sold | ||
| Sold | |||
| Aug 22, 2026 | In contract | - | |
| In contract | |||
| Jun 9, 2026 | Relisted | $85,000 | |
| Relisted | |||
| May 27, 2026 | In contract | - | |
| In contract | |||
| Jan 25, 2026 | Listed by Wendy Cline Properties Group | $85,000 | |
| Listed by Wendy Cline Properties Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017