316 Laurel Rd
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 |
|---|---|---|---|
| Mar 7, 2023 | No longer available | - | |
| No longer available | |||
| Feb 28, 2023 | Sold | ||
| Sold | |||
| Jan 17, 2023 | In contract | - | |
| In contract | |||
| Aug 20, 2022 | Price Decreased |
$550,000
↓ $25K
(4.4%) | |
| Price Decreased | |||
| Jul 31, 2022 | Listed by Coldwell Banker Wallace KP | $575,000 | |
| Listed by Coldwell Banker Wallace KP | |||
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A rare opportunity to own a cabin in the prestigious Laurel Valley Community has just arrived! This gorgeous cabin in the Smoky Mountain Foothills flanks the golf course with .63 acres of beautiful woods and privacy. The home has all new exterior stain and paint complimented by wild and luscious landscape! The deck wraps around 3 sides of the home with a screened in section on the front and a private master screened in relaxation area! Inside you will find a cabin filled with warm wood, open concept living and windows letting in ample natural light! This cabin has a full kitchen, laundry closet, and a full loft with a bathroom! The downstairs bathroom has a wonderful jetted tub to soak your cares away! This home has recently had a full power wash from roof to bottom and full exterior staining and paint. It has also been pre-treated for carpenter bees to keep the exterior beautiful! In addition, the fireplace has been sealed with fiber board and the driveway is brand new! The home is fully furnished and ready to move in, use as your family's getaway cabin or serve as a new STR business venture! Come see where class meets the Smokies. The manager has listed the unit size as 1162 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017