2 Laurel Terrace
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 |
|---|---|---|---|
| May 14, 2013 | Sold | ||
| Sold | |||
| Jul 23, 2012 | Listed by Canon Real Estate, Inc. | $189,900 | |
| Listed by Canon Real Estate, Inc. | |||
| May 31, 2012 | Sold | ||
| Sold | |||
| Jun 27, 2011 | Listed by Canon Real Estate, Inc. | $87,900 | |
| Listed by Canon Real Estate, Inc. | |||
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Needs everything. This home needs work throughout. This will not qualify for FHA, VA. Needs cash as is offer. No work will be done by Seller. ALL OFFERS MUST HAVE PROOF OF FUNDS. ALL PURCHASE AND SALES MUST BE RETURNED WITHIN 48 HOURS WITH NO CHANGES. ALL PURCHASE AND SALES MUST HAVE A CASHER'S CHECK. NEEDS A HANDY PERSON AND NO UTILITIES WILL BE ON. BUYER WILL BE RESPONSIBLE FOR SMOKE/CO2 INSPECTIONS.
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