56 Lawrence Dr
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 3, 2025 | Sold | ||
| Sold | |||
| Sep 11, 2025 | In contract | - | |
| In contract | |||
| Sep 9, 2025 | Price Decreased |
$715,000
↓ $25K
(3.4%) | |
| Price Decreased | |||
| Aug 8, 2025 | Listed by William Raveis R.E. & Home Services | $739,900 | |
| Listed by William Raveis R.E. & Home Services | |||
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Set on a beautifully maintained lot with a circular driveway and striking curb appeal, this spacious home offers a flexible floor plan and quality updates. Much of the interior is freshly painted, and gorgeous hardwood floors run throughout most of the home. The oversized living room features elegant crown molding, while the large dining room boasts wainscoting, crown molding, and French doors. A huge four-season carpeted sunroom offers endless possibilities—office, playroom, or den. The first-floor primary suite includes double closets and a large en suite with double sinks. Upstairs are two generously sized bedrooms with a shared full bath and walk-in closet. The kitchen features stainless appliances, an eat-in area, and space for a cozy sitting nook. First-floor laundry, vinyl siding, partially finished basement, stone walls, and newer mechanicals—roof/gutters (2018), bow window/electric panel (2019), and 4-zone heat pump (2025)—complete the package.
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| May 26, 2022 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017