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 |
|---|---|---|---|
| Dec 22, 2020 | Sold | ||
| Sold | |||
| Apr 18, 2019 | Listed by Crossroads Realty, Inc | $19,900 | |
| Listed by Crossroads Realty, Inc | |||
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PLEASE visit this lovely lot before making inquiries. Town and Building Inspector unable to determine ability to build without formal application and plan. Memories were made here! Evidence of old well and septic still exist, but ability to rebuild would need to be approved by Town of Wales. Beautiful view, lightly wooded lot, level site, does NOT extend to waterfront. A narrow area between this lot and the Lake belongs to others. Landmark for locating property line is a utility pole on southwest corner. Well kept large homes in the area.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017