$229,900
●
House -
Off Market
23 Laurel Drive
Valley, AL 36854
3 Beds
2 Baths
1,634 Ft²
$1,174
Est. Monthly
9.69%
Cap Rate
About This Property
Charming 3BR/2BA Modern Style home will not disappoint! Home
offers an open concept plan with LR, DR, and kitchen area.
The living room boasts vaulted ceilings, wood-burning
fireplace, and 2 new ceiling fans. The kitchen and dining room area
are very cheerful with lots of natural light. Kitchen will come
equipped with SS appliances. New LVP flooring and new paint
have been added throughout. All bedrooms are ample sized with
good closet space. Both baths have been updated with new vanities,
toilets, and light fixtures. HVAC system was replaced in 2023.
Water heater was replaced in 2024. There is also a lg laundry
room and attached 2-car garage. Outside you will find an
inviting covered porch ideal for entertaining! Also, a
privacy fenced yard and barn for extra storage. Don't blink
or this one will be gone!
Unit Size
1,634 Ft²
Days on Market
30 days
Land Size
0.37 acres
Price per sqft
$141
Property Type
House
Property Taxes
$45
HOA Dues
-
Year Built
1977
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 9 months ago (GAMLS #10507621)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | In contract | - | |
| In contract | |||
| Apr 23, 2025 | Listed by Lori Terry Home Town Realty | $229,900 | |
| Listed by Lori Terry Home Town Realty | |||
| Nov 30, 2022 | Sold | ||
| Sold | |||
| Oct 28, 2022 | Listed by Go Realty | $189,900 | |
| Listed by Go Realty | |||
| | |||
|
Frame this address! This charming ranch is located in a highly sought-after neighborhood. It features a beautiful foyer entrance with hardwood floors. Spacious living room with lots of natural light and beams. Get cozy n the winter by the brick wood burning fireplace. The kitchen has a pantry cabinet, stainless steel appliances, breakfast area, and dining area. It has a fenced yard with privacy fence, outbuilding, and raised flower beds. Has a large back deck that is ideal for entertaining. A few miles from Interstate 85. Located a few miles from West Point Lake and Lake Harding.
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Valley
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Listed by: Lori Terry, Lori Terry Home Town Realty
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10507621
Last Updated: 9 months ago
Data Source: GAMLS, MLS# 10507621
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of GAMLS. All real estate listings are marked with the GAMLS Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
Copyright 2026 GAMLS. All rights reserved.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
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