16232 Laurel Oak Lane
About This Property
Exceptional value in prestigious Lake Babcock Estates! This beautifully maintained waterfront residence offers 3 bedrooms + private office, 3.5 baths, and an oversized 3-car tandem garage with a thoughtfully designed split-bedroom floor plan.
Pocket sliding glass doors create seamless indoor-outdoor living, filling the open-concept great room with natural light and showcasing breathtaking lake views. The kitchen overlooks the living and dining areas, making the home ideal for both everyday living and entertaining.
Enjoy your private outdoor retreat featuring a HEATED SALT WATER POOL & SPA, expansive screened lanai, full pool bath, and spectacular sunset views. Additional highlights include tile flooring throughout, a private office with smoked-glass French doors, generous storage, and quality finishes.
The sellers' job relocation creates a rare opportunity to own one of Lake Babcock Estates' finest homes at an exceptional price. Schedule your private showing today!
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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 |
|---|---|---|---|
| Aug 27, 2026 | Sold | ||
| Sold | |||
| Jul 28, 2026 | In contract | - | |
| In contract | |||
| May 25, 2026 | Price Decreased |
$675,000
↓ $54K
(7.4%) | |
| Price Decreased | |||
| May 9, 2026 | Price Decreased |
$729,000
↓ $10K
(1.4%) | |
| Price Decreased | |||
| May 4, 2026 | Price Decreased |
$739,000
↓ $11K
(1.5%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017