305 Slocum Drive
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 |
|---|---|---|---|
| Aug 5, 2026 | In contract | - | |
| In contract | |||
| Aug 5, 2026 | Price Increased |
$1,025,000
↑ $226K
(28.2%) | |
| Price Increased | |||
| Apr 27, 2026 | No longer available | - | |
| No longer available | |||
| Feb 20, 2026 | Listed by HomeTowne Realty | $799,500 | |
| Listed by HomeTowne Realty | |||
| Dec 22, 2025 | Listed | $799,500 | |
| Listed | |||
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Pre-sale opportunity with buyers able to make selections. Welcome to Elegant Living in Laurer Ridge featuring Pool Access, Trails, a Pond, and a Playground! Crafted by Royalty Homes, this new construction ranch offers a seamless blend of luxury and comfort. Boasting 4 bedrooms and 3.5 bathrooms, this home features a Primary suite, office, and two additional bedrooms on the main level, all designed with privacy and convenience in mind. Step inside to discover an open-concept living space that is perfect for entertaining and everyday life. The gourmet kitchen is a chef's dream, complete with high-end appliances, ample storage, and a large eat-in dining area. The living area, enriched with gas logs and built-ins, opens to a screened porch and adjoining grilling deck, offering serene views of the wooded lot. Unwind in style with beautiful flooring throughout the main living areas, adding a touch of elegance to the home. Plus, enjoy the flexibility of a huge unfinished space, ready for your personal touch. Experience the pinnacle of suburban living in Wendell's sought-after Laurer Ridge Subdivision—where luxury meets tranquility.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017