2617 Lawrence Street
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 |
|---|---|---|---|
| Mar 27, 2024 | Sold | ||
| Sold | |||
| Mar 7, 2024 | In contract | - | |
| In contract | |||
| Mar 1, 2024 | Listed by Compass RE Texas, LLC - The Heights | $449,000 | |
| Listed by Compass RE Texas, LLC - The Heights | |||
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Welcome to 2617 Lawrence Street, a meticulously maintained, modern city-home nestled in the vibrant heart of The Heights. This elegant residence offers 3 bedrooms and 3.5 bathrooms, exuding charm and sophistication throughout. The main level features an open-concept living area, perfect for entertaining, and a gourmet kitchen with ample countertops, sleek Oak cabinetry and stainless steel appliances as well as a half bath for guest use. The primary suite boasts soaring ceilings, dual closets, a private balcony & luxurious en-suite bathroom with huge soaking tub and standing shower, while the 1st level bedroom/office/home gym provides a versatile space for your lifestyle needs. With quick access for commuting, this beautifully maintained home provides the ideal urban retreat. Step outside to enjoy the diverse array of dining, shopping, and entertainment options that The Heights has to offer. Don't miss the opportunity to experience city living at its finest in this remarkable residence.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017