31
Map
242 Laurel Drive
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 |
|---|---|---|---|
| Dec 22, 2023 | No longer available | - | |
| No longer available | |||
| Nov 16, 2023 | In contract | - | |
| In contract | |||
| Jul 14, 2023 | Price Decreased |
$205,000
↓ $20K
(8.9%) | |
| Price Decreased | |||
| Jun 6, 2023 | Price Decreased |
$225,000
↓ $15K
(6.3%) | |
| Price Decreased | |||
| Apr 26, 2023 | Listed by Coldwell Banker Pryor Realty, Inc. | $240,000 | |
| Listed by Coldwell Banker Pryor Realty, Inc. | |||
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Great location off of New Lake Road. This 3 bedroom 2 bath sits in the heart of Spring City. When the current owners bought this home in 2020 it had been renovated with a
new roof, gutter, decks, exterior/interior doors, garage door, new wiring for garage door opener, kitchen electrical, bathroom plumbing, light fixtures and crown molding.
Enjoy the gas fireplace in the cold winter and the finished basement could be a great office area or extra room with a full bathroom. The home is being sold as is and the sellers are motivated. Minutes to the water and marina are a plus for this one. Call today for a private showing. The manager has listed the unit size as 1647 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017