37 Lawrence 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 |
|---|---|---|---|
| Oct 31, 2024 | Sold | ||
| Sold | |||
| Sep 30, 2024 | In contract | - | |
| In contract | |||
| Sep 26, 2024 | Listed by RE/MAX Prof Associates | $875,000 | |
| Listed by RE/MAX Prof Associates | |||
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This is a studs out total renovation. New four zone heating system. Total new wiring throughout this home. New plumbing, two new kitchens with new appliances. New thermopane windows and new thermopane sliders. New wrap around deck overlooking the water. The second floor has been converted into a master bedroom suite with new full bath and fixtures. There is a new rubber membrane roof. The lower level is a four room one bedroom legal in-law apartment. Separate entrance, separate laundry, large bedroom with cedar closet. Fireplaced living room. Enclosed three season porch. Two car attached garage. 180 feet of frontage on level lot located on dead end street. Professionally landscaped. This is a one of a kind waterfront. Your own peninsula with the privacy it provides. Sandy beach with easy access for swimming, kayaking, water skiing, etc. Enjoy four seasons of fun.
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| Aug 16, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017