4622 Mountain Laurel Drive
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 |
|---|---|---|---|
| Jan 29, 2024 | Sold | ||
| Sold | |||
| Jan 4, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2023 | Listed by Chesmar Homes | $471,000 | |
| Listed by Chesmar Homes | |||
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The Marvelous Montgomery is a light-filled one-story 4 bedroom 3.5 bath home with a game room, a separate study and a front porch and covered rear patio. The family room is a vaulted space with beam detail. Kitchen island offers 3-sided seating and has room for a crowd. Kitchen selections include: J Kraft cabinets in Amazing Gray (light gray), honed black mist granite with white veining, elegant upgraded white decor tile backsplash. Upgraded lighting and black hardware throughout home. Standard 8' doors through home, full gutters, sprinkler system, alarm system. Spacious primary bedroom suite/bath includes dual closets, large shower with bench and separate garden tub. **HOME IS UNDER CONSTRUCTION. Photos are REPRESENTATIVE of the plan/layout and are not of the actual home. Selections, colors, and finishes will vary. For more info, contact Chesmar Homes in Meridiana. November/December 2023 estimated completion.**
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017