505 Laburnum Drive
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 |
|---|---|---|---|
| Feb 5, 2024 | Sold | ||
| Sold | |||
| Nov 30, 2023 | No longer available | - | |
| No longer available | |||
| Nov 28, 2023 | Listed by Mark Allen Realty, LLC | $607,000 | |
| Listed by Mark Allen Realty, LLC | |||
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Don't miss the opportunity to own this stunning Northbrook property in a prime location! This home features four levels of beauty and functionality. 505 Laburnum Drive boasts four large bedrooms (3 upstairs and 1 on the lower level) and 2.5 bathrooms. The kitchen has been updated with gorgeous quartz countertops, stainless steel appliances and a large island. The open concept kitchen, living and dining area on the main floor offers an optimal entertaining space. The lower level features a huge family room with a wood burning fireplace and a bar area for more entertaining! And.... the home keeps going...there is also a finished basement. This home has too many updates to mention them all; from the work done on the exterior including brand new Hardie Board, new gutters, newer driveway, newer roof to the remodeling of the interior including new marble tile on lower level, updated kitchen and bathrooms with natural stone vanity countertops, and new hardwood flooring throughout main level. There is so much to offer in this home. This is the perfect corner home with an amazing yard, driveway and a huge garage. The location is exceptional with the ability to walk to parks, schools, restaurants, and shopping. There is so much going on. You're going to love it!
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| Nov 17, 2023 | Price Decreased |
$624,000
↓ $900
(0.1%) | |
| Price Decreased | |||
| Oct 28, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017