501-503 8TH STREET
About This Property
Seller prefers to sell both units together for $650,000.
Welcome home to 501-503 8th St in Laurel - a renovated and expanded 2-level townhome with space, upgrades, and NO HOA. This 2-bedroom, 2.5-bath home has had a recent addition and is move-in ready. The kitchen has been updated, with new cabinets, stainless appliances and Quartz countertops. There is new flooring throughout. Both the owner's bath and main level half bath are new, and the other bath has been renovated, giving the home a clean, modern feel. The two bedrooms each have a dedicated bathroom. The spacious owner's suite offers great natural light, a large closet and private deck for comfortable living. You'll love the patio off the family room. Step outside to a large backyard, ideal for entertaining, or simply relaxing outdoors. Additional highlights include rear parking, and a location that truly delivers - walking distance to the library and playground or the park, and less than 5 minutes from Route 1, putting major shopping, dining, and commuter routes right at your fingertips. Just blocks away from historic Laurel main street. A renovated and expanded home, flexible space, great location, and NO HOA - this one checks all the boxes.
Owner prefers to sell both together.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Mar 7, 2026 | In contract | - | |
| In contract | |||
| Feb 15, 2026 | Price Decreased |
$625,000
↓ $25K
(3.9%) | |
| Price Decreased | |||
| Jan 16, 2026 | Price Increased |
$650,000
↑ $325K
(100%) | |
| Price Increased | |||
| Jan 13, 2026 | Listed by Save 6, Incorporated | $325,000 | |
| Listed by Save 6, Incorporated | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017