396 N LAUREL DR #305
About This Property
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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.
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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 |
|---|---|---|---|
| May 4, 2023 | No longer available | - | |
| No longer available | |||
| Mar 23, 2023 | Price Increased |
$184,999
↑ $10K
(5.7%) | |
| Price Increased | |||
| Feb 3, 2023 | Listed by Casalina Realty Inc | $174,999 | |
| Listed by Casalina Realty Inc | |||
| | |||
|
TAKE A LOOK AT THIS BEAUTIFUL CONDO UNIT IN THE LAURELS OF MARGATE. THIS UNIT FEATURES A BRIGHT AND OPEN LAYOUT WITH RELAXING VIEWS OF THE CANAL. IMPACT WINDOWS ALL THROUGHOUT, NEW KITCHEN WITH STAINLESS STEEL APPLIANCES, NEW A/C, NEW WATER HEATER, NEW PAINT, UPDATED BATHROOMS, WALK IN CLOSET IN MASTER BEDROOM WITH EN-SUITE BATHROOM, TONS OF STORAGE SPACE IN BATHROOM CLOSET, PATIO CLOSET, AND GUEST ROOM CLOSET, CANAL VIEW, 1 PARKING SPACE ASSIGNED, HOA INCLUDES WATER, SEWER, TRASH, AND BASIC CABLE!TENNIS, SOCCER, AND BASKETBALL COURTS, POOL, PLAYGROUND, CLUBHOUSE. 40 YEAR INSPECTION HAS BEEN PASSED! ASSESSMENTS FOR BUILDING PAINTING AND RENOVATIONS HAVE BEEN PAID!!!! AMAZINGLY CLOSE TO SHOPPING CENTERS, FLORIDA'S TURNPIKE, ENTERTAINMENT, HOUSES OF WORSHIP, AND MORE! BRING YOUR OFFERS! The manager has listed the unit size as 1019 square feet.
| |||
| Oct 14, 2014 | Sold | ||
| Sold | |||
| Jun 25, 2014 | Listed by Bankers Realty Services | $59,900 | |
| Listed by Bankers Realty Services | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/03/2023
|
2 Bed
|
2 Bath
|
1019 ft²
|
$174,999
2 Bed
2 Bath
1019 ft²
|
-
-
|
Cesar Linares
Casalina Realty Inc
| |
|
06/25/2014
|
2 Bed
|
2 Bath
|
1019 ft²
|
$59,900
2 Bed
2 Bath
1019 ft²
|
$59,900
10/14/2014
|
John Scalia
EXP Realty, LLC.
|
Building Info
About Lakewood Knolls
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$2,100 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017