28018 Laurel Garden Lane
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%.
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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 |
|---|---|---|---|
| Aug 31, 2023 | Sold | ||
| Sold | |||
| Jun 30, 2023 | Listed by Honeywood Realty, LLC | $549,000 | |
| Listed by Honeywood Realty, LLC | |||
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See VIRTUAL TOUR link in listing. Well maintained 4 bed, 3.5 bath Newmark home in the amenity rich master planned community of Cross Creek Ranch. Zoned to all A-rated schools. High ceilings and wood flooring throughout 1st floor. Tastefully appointed kitchen with farm house sink, quartz counters, tiled backsplash and under cab lights. Hardwood floors and no carpet throughout 1st floor. Home features a formal dining room off kitchen and a home office. Upstairs has 3 bedrooms and 2 full baths plus a game room. Quartz counters and upgraded tile in all 3 baths. The back yard has a nice covered patio for outdoor living with no rear neighbors. There are well manicured lawns in front and back and a sprinkler system to keep it healthy. Gutters all round house for proper drainage. Walking trails nearby and one can fish in the lakes. Did not flood during Harvey and not in a Flood Zone, per sellers. Refrigerator, Washer, Dryer and Playhouse in back are negotiable.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017