28119 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%.
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 |
|---|---|---|---|
| Jun 14, 2021 | Sold | ||
| Sold | |||
| May 6, 2021 | Listed by REALM Real Estate Professional | $385,000 | |
| Listed by REALM Real Estate Professional | |||
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Built in 2016, this 1.5-story Lennar suburban home is located on a private bend with one entrance in the quiet neighborhood of Creek Falls at Cross Creek Ranch. It features a gourmet kitchen with expansive island, tile floors and carpet throughout, stainless steel appliances, game room upstairs, two-car garage, covered backyard patio, and well cared-for yard with manicured landscaping. Just a 10-minute drive to Katy Mills and nearby popular Katy restaurants, and walking distance to the neighborhood lake, playground, and school nearby.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017