16 Laurel Park #16
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 |
|---|---|---|---|
| Aug 14, 2023 | Sold | ||
| Sold | |||
| Jun 27, 2023 | In contract | - | |
| In contract | |||
| Jun 20, 2023 | Listed by Maple and Main Realty, LLC | $247,500 | |
| Listed by Maple and Main Realty, LLC | |||
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Highest and Best offers due Monday June 26th at 6:00. The home welcomes you w/ a 3 season wrap-around screened-in front porch & gardens. The designed layout includes a sizable 1st-floor bedroom, living room w/ newly refinished wood floors, eat-in kitchen, & a 3/4 bath. Upstairs, you'll find a tandem bedroom suite offering versatility. This space can be utilized as a 3rd bedroom, home office, or den. Adding to the rustic feel, a propane-fired stove provides an intimate gathering spot during colder months. Exterior updates include fresh paint in 2022, enhancing the cottage's curb appeal, while insulation added by MassSave in 2018 ensures energy efficiency. Mechanical upgrades such as a new boiler & hot water heater installed in 2020 provide peace of mind and reliability. The property has ample attic storage, sits on a large corner lot &, has room for 3 cars. Enjoy the new playground & a host of social & arts-related activities for all ages. Open house Sunday, June 25th from 1:00-3:00.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017