1515 Laura Dr
About This Property
Close to Morristown, Cherokee Lake multiple highways for ease of travel. Close to Shopping, Restaurants, Schools and Medical needs. Property features Fenced in Back Yard with Play Structure and Dollhouse or make it a He/She Shed. Distant Mountain views creates a nice cozy feeling in an established neighborhood. Home boasts recent Roof, Heat Pump, Remodeled Bathrooms, New Flooring with Large Kitchen and Dining Area for all those gathering needs. Back door opens onto an Expansive Covered and Open Deck for those entertaining venues.
Call today for a showing.
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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 |
|---|---|---|---|
| Mar 31, 2025 | Sold | ||
| Sold | |||
| Jan 16, 2025 | Listed by Re/Max Between the Lakes Jeff City | $299,900 | |
| Listed by Re/Max Between the Lakes Jeff City | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017