5 Mountain Laurel #5
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 |
|---|---|---|---|
| Nov 30, 2021 | Sold | ||
| Sold | |||
| Oct 7, 2021 | Listed by Jones Group REALTORS® | $375,000 | |
| Listed by Jones Group REALTORS® | |||
| Nov 16, 2017 | Sold | ||
| Sold | |||
| Sep 27, 2017 | Listed by Jones Group REALTORS® | $319,900 | |
| Listed by Jones Group REALTORS® | |||
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Pathways Cohousing Sunny Two Bedroom Two Bath condo. Enjoy both privacy and community in this free standing, solar powered home. This house sits on the outskirts of this community allowing a forest view. The 1st floor bedroom leads out to a screened in porch. A full bath and laundry on one side and an open concept Kitchen, dining area and living room complete the first level. The Second floor is a Master Bedroom and spacious master bath. Both the 1st and 2nd floors are Birchwood and Marmoleum The basement has full size windows allowing bright sunny additional space if needed. A Common house with a professional kitchen, large rooms for gatherings and additional guest rooms is available to all. The community sits on 40 acres of beautiful woodlands, community gardens, trails and access to the bike path. A Home Owners fee of $209 per month covers plowing, trash removal, landscaping etc. OPEN SATURDAY 12-2 P.M. LOOK FOR SIGNS OFF FLORENCE ROAD.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/07/2021
|
2 Bed
|
2 Bath
|
1050 ft²
|
$375,000
2 Bed
2 Bath
1050 ft²
|
$410,000
+9.33%
11/30/2021
|
Linda Michaud
Jones Group REALTORS®
| |
|
09/27/2017
|
2 Bed
|
2 Bath
|
1200 ft²
|
$319,900
2 Bed
2 Bath
1200 ft²
|
$322,000
+0.66%
11/16/2017
|
Dee Waterman
Jones Group REALTORS®
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017