27 Laurel Road
About This Property
The three bedrooms have laminate wood floors. The bathroom has been updated with a blended tile. Other updates include: well, roof (with 30 year/lifetime transferable warranty) gutters, windows throughout house, also with lifetime transferable warranty, water filtration system, septic, water softener, water pump and motor replaced, driveway has been asphalted and the list goes on (see additional paperwork for a full list of updates) All this and Lake rights to beautiful Lake Peekskill, for swimming, fishing, boating and walking trails. Affordable, Adorable and Available!!!
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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 |
|---|---|---|---|
| May 1, 2016 | Sold | ||
| Sold | |||
| Oct 29, 2015 | Listed by BHG Rand Realty | $179,500 | |
| Listed by BHG Rand Realty | |||
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Data Source: OneKey MLS
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017