4611 Laurel Street
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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 |
|---|---|---|---|
| Jun 30, 2023 | Sold | ||
| Sold | |||
| Jun 1, 2023 | Listed by Martha Turner Sotheby's International Realty | $850,000 | |
| Listed by Martha Turner Sotheby's International Realty | |||
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A truly outstanding opportunity has just hit the market! This 12,150 square foot property is ready building your custom home. Verdant and cleared, the property offers an exceptional location within the City of Bellaire. The close proximity to the Texas Medical Center, several neighborhood parks and top-rated schools make this THE ideal place to build. Commuting to the Galleria area, Greenway Plaza or downtown is extremely easy from this location. Bellaire is noted for its exceptional city services; enjoy all the "small town" benefits while living inside the 610 Loop. 4611 Laurel is the spot where your dreams of a custom home can come true!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017