53 Laurel
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 |
|---|---|---|---|
| Oct 13, 2026 | Price Decreased |
$575,000
↓ $25K
(4.2%) | |
| Price Decreased | |||
| Sep 23, 2026 | Listed by Keller Williams Prosperity Realty | $599,999 | |
| Listed by Keller Williams Prosperity Realty | |||
| Apr 16, 2025 | Listed | $635,000 | |
| Listed | |||
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Welcome to your Packanack Lake escape! This charming 3-brm ranch offers a perfect blend of comfort and style. Features include a primary suite with private bath and walk-in closet, a modern kitchen with breakfast bar and tiled wall, and open living and dining areas ideal for entertaining. Enjoy a stone wood-burning fireplace, cathedral ceiling, and full guest bath.Heating is gas-baseboard & radiator/2zoned. Laundry is tucked in a closet with a stackable washer/dryer. Recent updates: fresh paint, new laminate, and refinished hardwood floors. Central air 6 years, attic with pull-down stairs, and partial basement access add convenience. The private, fenced yard boasts landscape lighting, underground sprinklers, and a detached garage with a 5-car driveway. Just moments from the lake, with optional access to beaches, fishing, golf, tennis, and more. TVs and couches included. Sold as-is with no known issues. One time initiation fee $1200. Annual dues are based on House hold. Don’t miss out!
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| Jan 16, 2025 | In contract | - | |
| In contract | |||
| Dec 28, 2024 | Relisted | $515,000 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017