24
Map
223 Laurel Street
About This Property
The kitchen is designed for everyday use and entertaining, featuring custom cabinetry, quartz countertops, a stainless steel gas range, designer tile backsplash, and a spacious island with deep stainless sink and matte black fixtures.
The living area is anchored by a floor-to-ceiling stone fireplace with floating wood shelves.
The primary suite offers a private retreat with dual vanities, quartz countertops, an oversized walk-in shower with custom tile detail, matte black fixtures, and a walk-in closet.
Additional highlights include an indoor utility room, 2-car garage, and front and back porches. Ideal for buyers seeking new construction without a cookie-cutter feel in a convenient Lake Jackson location.
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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 |
|---|---|---|---|
| Jul 2, 2026 | Price Decreased |
$299,000
↓ $11K
(3.5%) | |
| Price Decreased | |||
| Apr 3, 2026 | Price Decreased |
$309,900
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Feb 25, 2026 | Listed by TBT Real Estate | $320,000 | |
| Listed by TBT Real Estate | |||
| Dec 14, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Jun 5, 2025 | Listed by TBT Real Estate | $300,000 | |
| Listed by TBT Real Estate | |||
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A Rare Opportunity in Lake Jackson—Coming Soon
Something special is taking shape in Lake Jackson—construction begins soon on this thoughtfully planned 3-bedroom, 2-bathroom home, set for completion by December 2025. Positioned on a lot nearly twice the size of many nearby new builds, this property offers added space in one of the city’s most convenient locations.
With 1,455 sq ft of smartly designed living space, this home will offer comfort, efficiency, and elevated finishes that go beyond the basics. It’s a rare chance to own new construction in Lake Jackson—with just the right blend of style and simplicity.
A front elevation rendering is included, and we’ll continue updating photos as the build progresses. Reach out now to learn more or follow the journey from the ground up.
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Property Highlights
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About Lake Jackson
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017