16 Laurier Avenue
About This Property
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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 |
|---|---|---|---|
| Oct 1, 2021 | Sold | ||
| Sold | |||
| Jun 17, 2021 | Listed by Conway - Mansfield | $359,900 | |
| Listed by Conway - Mansfield | |||
| May 14, 2012 | Sold | ||
| Sold | |||
| Oct 17, 2011 | Listed by High Pointe Properties | $85,800 | |
| Listed by High Pointe Properties | |||
| | |||
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Bank Owned. Property being sold in "as is" condition. All offers are contingent upon receipt of a fully executed and mutually acceptable P&S agreement, including all of sellers addendums. The acceptance of good faith monies in escrow without an executed sales agreement does not bind the seller.
| |||
| Sep 16, 2011 | Listed by Conway - Mansfield | $102,900 | |
| Listed by Conway - Mansfield | |||
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