48 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 |
|---|---|---|---|
| Aug 30, 2024 | Sold | ||
| Sold | |||
| Jul 24, 2024 | In contract | - | |
| In contract | |||
| Jul 17, 2024 | Listed by Gibson Sotheby's International Realty | $545,000 | |
| Listed by Gibson Sotheby's International Realty | |||
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Welcome to 48 Laurel Dr, a charming New England Cape style home nestled in a quintessential neighborhood near Bridgewater Town Center and Bridgewater State University. Enjoy welcoming guests on the Nantucket inspired brick courtyard. The inviting living room boasts hardwood floors and a cozy brick fireplace, perfect for relaxing evenings. The spacious dining room is ideal for celebration dinners, while the kitchen, equipped with stainless steel appliances and a dining area, is a chef's delight. The sunroom offers a serene space to unwind, and the front-to-back primary suite provides ample closet space. The first-floor bedroom is perfect for guests or as a home office. All bedrooms are generously sized. The level backyard is perfect for gardening, playing, or hosting barbecues. The oversized garage with a loft offers additional storage or workspace. Conveniently located near public transportation & schools. The potential living space in the lower level adds room to grow.
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| Nov 18, 2020 | Sold | ||
| Sold | |||
| Sep 15, 2020 | Listed by Gibson Sotheby's International Realty | $450,000 | |
| Listed by Gibson Sotheby's International Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017