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3 Laurel Rd
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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 |
|---|---|---|---|
| Sep 14, 2011 | Sold | ||
| Sold | |||
| Aug 4, 2011 | Listed by RE/MAX Advantage 1 | $335,000 | |
| Listed by RE/MAX Advantage 1 | |||
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Fantastic opportunity! Oversized colonial in neighborhood setting on the Mendon line. Well maintained exterior including architectural shingled roof, fresh paint in 2010, oversized composite deck, beautiful mature landscaping and well maintained in ground pool. Oversized floor plan including formal dining room, large family room with fireplace and French doors to large living room. Lots of hardwood floors! Generous sized bedrooms including a huge master with bath and 5 x 12 walk in closet.
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| Apr 8, 2011 | Listed by Century 21 Commonwealth | $345,000 | |
| Listed by Century 21 Commonwealth | |||
| Nov 16, 2005 | Sold | ||
| Sold | |||
| Oct 27, 2005 | Listed by Century 21 Commonwealth | $439,900 | |
| Listed by Century 21 Commonwealth | |||
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Address: 335 Madison Avenue, New York, NY 10017