2908 Laurel Cherry Way
About This Property
This custom 1.5 story home borders on a Frank Lloyd Wright mid-century style with artistic uniqueness. Inside you will discover walls of windows, tall ceilings , sky lights, you will feel the privacy and enjoy the natural lighting. The kitchen features a breakfast area, island with gas cook-top, bar w/sink, 2 different outdoor areas, screened patio off the back and enclosed patio off the front, laundry is spacious with extra sink and built-ins. There is a small art studio/ work space across the hall. Formal dining is open to generously sized den with tall ceilings, wood burning fireplace & tons of windows. Spacious master suite is located on its own private wing with a 19x3 hallway, more lovely views. There are 2 ample secondary bedrooms that share full bath. Spectacular loft with a wall of floor to ceiling bookcases. 2 car garage. Roof 2016, HVAC 2018 Selling "As Is"
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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 |
|---|---|---|---|
| Oct 25, 2021 | Sold | ||
| Sold | |||
| Sep 9, 2021 | Listed by Champions Real Estate Group | $360,000 | |
| Listed by Champions Real Estate Group | |||
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Rare opportunity very private .51 acre lot with No rear neighbors just woods, hike and paths & beyond golf course.
This custom 1.5 story home borders on a Frank Lloyd Wright mid-century style with artistic uniqueness. Inside you will discover walls of windows, tall ceilings , sky lights, you will feel the privacy and enjoy the natural lighting. The kitchen features a breakfast area, island with gas cook-top, bar w/sink, 2 different outdoor areas, screened patio off the back and enclosed patio off the front, laundry is spacious with extra sink and built-ins. There is a small art studio/ work space across the hall. Formal dining is open to generously sized den with tall ceilings, wood burning fireplace & tons of windows. Spacious master suite is located on its own private wing with a 19x3 hallway, more lovely views. There are 2 ample secondary bedrooms that share full bath. Spectacular loft with a wall of floor to ceiling bookcases. 2 car garage. Roof 2016, HVAC 2018 Selling "As Is"
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017