22 Laurel Ridge Point
About This Property
Sold fully furnished with over $50,000 in designer furnishings, the home features a newer HVAC system (2024), upgraded terrace level with new Trex decking, renovated laundry room, and a new button-activated fireplace for instant ambiance.
The three-level floor plan offers excellent privacy and rental potential, with an open-concept main living area, hardwood floors, well-proportioned rooms, and multiple decks showcasing mountain and lake views. Upstairs includes a loft and bedroom; the terrace level offers two additional bedrooms, a family room, and walk-out access to the deck and nearby trail leading to the lake and amenities.
Unique opportunity: Lake home priced below market value to reflect future improvements (roof and windows). This home offers an exceptional blend of lake and mountain setting, resort-style amenities, and quiet mountain ambiance-ideal for full-time living, a second home, or income-producing rental. Buyer to verify all information and dimensions deemed important.
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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 |
|---|---|---|---|
| Nov 21, 2025 | Sold | ||
| Sold | |||
| Oct 26, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Listed by Big Canoe Brokerage, LLC. | $595,000 | |
| Listed by Big Canoe Brokerage, LLC. | |||
| Sep 16, 2022 | Sold | ||
| Sold | |||
| Apr 27, 2022 | Listed by Big Canoe Brokerage, LLC. | $499,000 | |
| Listed by Big Canoe Brokerage, LLC. | |||
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This 4bd/4.5ba craftsman cottage in Laurel Ridge overlooks Lake Disharoon. The home features gorgeous hardwood floors, great lake views from the great room and owners suite, an upstairs loft, and a terrace level den that would make a great second living space or rec room. You can walk right from your backyard to the lake, beach, and nature valley trails! Relax on your screened porch and enjoy the gorgeous lake and mountain views. This home could make a great full or part time home, or vacation rental. Buyer to verify all dimensions and information deemed important.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017