167 S Laurel Drive #708
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Apr 7, 2022 | Sold | ||
| Sold | |||
| Jan 4, 2022 | Listed by United Realty Group Inc. | $160,000 | |
| Listed by United Realty Group Inc. | |||
| Oct 7, 2013 | Sold | ||
| Sold | |||
| Sep 30, 2013 | Listed by Century 21 Tenace Realty Inc | $55,500 | |
| Listed by Century 21 Tenace Realty Inc | |||
| |||
|
VERY CONVENIENT 2/2 CONDO IN THE UP AND COMING CITY OF MARGATE, NEAR SHOPPING CENTERS AND LOCATED CLOSE TO MAJOR HIGHWAYS.
| |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/04/2022
|
2 Bed
|
2 Bath
|
1019 ft²
|
$160,000
2 Bed
2 Bath
1019 ft²
|
$163,000
+1.88%
04/07/2022
|
Aurea Martinez
United Realty Group Inc.
| |
|
09/30/2013
|
2 Bed
|
2 Bath
|
1019 ft²
|
$55,500
2 Bed
2 Bath
1019 ft²
|
$50,000
-9.91%
10/07/2013
|
Oscar Estrada
LoKation
|
Building Info
About Lakewood Knolls
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017