5 Laurel Ln
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 |
|---|---|---|---|
| May 20, 2024 | Sold | ||
| Sold | |||
| Apr 17, 2024 | Listed by Austin Realty Group | $749,900 | |
| Listed by Austin Realty Group | |||
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One of the prettiest neighborhoods in town! Immaculate 3 BR 1.5 BA split entry on a manicured 1/2 acre lot. Open floor plan for entertaining in the living room and dining room. Cozy wood fireplace and hardwood floors make spaces easy to decorate. Kitchen awaiting your personal touches with added access to the deck that overlooks a gorgeous yard. All hardwood floors throughout the bedrooms and a full tiled bath with tub and shower. On the LL there is a wide open family room and half bath with laundry that makes way for expanding living space for playroom or office space. Access to the exterior makes it great for enjoying family barbeques. Property has a sprinkler system that keeps the lawn easy to maintain. Close to schools and major routes. Upscale restaurants and shopping are nearby. Lahey Medical Center a short distance.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017