5 Laurent Rd
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 10, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | In contract | - | |
| In contract | |||
| Apr 3, 2024 | Listed by Nina-Soto Realty, LLC | $650,000 | |
| Listed by Nina-Soto Realty, LLC | |||
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Discover the charm of this newly renovated 3BR home, featuring 1850 sq ft of sunlit and modern living space. Step onto the welcoming hardwood floors that lead you through a seamless open floor plan to a sleek modern kitchen, complete with stainless steel appliances and quartz countertops. Two luxe baths feature high-end fixtures and finishes. The expansive basement offers flexibility for various needs, from a casual den to a sophisticated ADU. Recent improvements include a durable new roof, insulated windows, stylish siding, and a high-efficiency HVAC system, ensuring year-round comfort. Step outside to the backyard, poised for your creative touch as a peaceful haven or an active playground. Situated in the desirable Castle Hill area, moments from Salem’s vibrant downtown, excellent schools, and inviting parks, this home is a haven of modern luxury and convenience. This home is a symphony of style and practicality, awaiting your arrival. Offer deadline Tuesday at Noon
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| Dec 20, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017