40 Bay Laurel Drive
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Feb 5, 2024 | Sold | ||
| Sold | |||
| Jan 5, 2024 | Listed by C21/ Solid Gold Realty | $439,900 | |
| Listed by C21/ Solid Gold Realty | |||
| Dec 30, 2023 | No longer available | - | |
| No longer available | |||
| Dec 22, 2023 | Listed by C21/ Solid Gold Realty | $439,900 | |
| Listed by C21/ Solid Gold Realty | |||
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RENOVATED BEAUTIFUL! WOW! DESIRABLE BAYWOOD SECTION OF BRICK, MANY UPGRADES, MINT RANCH 3 BEDRMS, 2 BTHS, REMODELED FROM HEAD TO TOE! SPACIOUS, GORGEOUS NEW KIT 42 INCH CABINETS, NEW GRANITE COUNTERTOPS W/BREAKFAST BAR & CENTER ISLAND, NEW UPGRADED TILE BACKSPLASH, STAINLESS STEEL APPLIANCE PKG AND PANTRY, 2 NEW DESIGNER BATHS W/ FULL WALL TILE, LARGE LIVING RM, DECORATIVE BOX MOLDING, DIN RM, HUGE MSTR BR SUITE WITH FULL BATH AND WALK IN CLOSET, LAUNDRY RM, ALL NEW GLEAMING LAMINATE FLOORS, NEW 6 PANEL DOORS, DEC TRIM, FRESH PAINT, NEW GAS HEAT, NEWER A/C, NEW WINDOWS, NEW TIMBERLINE ROOF, NEW PAVER WALKWAY, BIG FENCED BACK YARD, PRO LANDSCAPED, NO EXPENSE HAS BEEN SPARED!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017