4671 Laurel Lodge Road
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 |
|---|---|---|---|
| Jun 11, 2024 | Sold | ||
| Sold | |||
| Mar 2, 2024 | Listed by Keller Williams Lanier Partner | $365,000 | |
| Listed by Keller Williams Lanier Partner | |||
| Jan 19, 2024 | No longer available | - | |
| No longer available | |||
| Nov 17, 2023 | Price Decreased |
$380,000
↓ $20K
(5%) | |
| Price Decreased | |||
| Oct 14, 2023 | Listed by Keller Williams Realty Lanier Partners | $400,000 | |
| Listed by Keller Williams Realty Lanier Partners | |||
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Come play in the mountains or splash in the lake! There's room to lodge everyone here with two complete homes under one roof! The sprawling 3 acre wooded lot is ripe with opportunities for the kids and pets to explore. Take a 2 minute stroll to Lake Burton and enjoy the mountain lake vibes that saturate this little spot. Tucked away across the street is the renouned Blue Canoe restauraunt that will fill your tummy and tickle your taste buds! All of the heavy lifting updates have been done to this home and it is meticulously maintained! Don't want the pets and kids to wander off? No worries! The livestock grade fence will protect them and keep them in your view. Want to separate living quarters? Fine! There are two wells AND two power meters so everyone can have their own space. Uncle Eddie can even show up in his camper and stay longer than you want on the freshly graveled RV spot that includes a 30 amp power connection. There's a workshop with power for anyone that wants a getaway, I mean creative spot. Covered parking for Grandma's Cadillac with storage attached will ensure she never has to leave again! There are more parking spaces than you can shake a stick at and all accessed from a newly paved drive! Come see how this Lake Burton home can accomodate one level, ranch style living for you and yours for holidays, summer vacations or full time living! The manager has listed the unit size as 2880 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017