567 LAUREL CHERRY LANE
About This Property
Adjacent to the kitchen is a bright sunroom, perfect for enjoying your morning coffee. The spacious master bedroom provides seamless access to the pool-ideal for a refreshing dip any time. The master bathroom offers a luxurious soaking tub, a generous walk-in shower, and a substantial walk-through closet for ample storage. For guests, the second bedroom and bathroom can easily be transformed into a private suite with pocket doors.
The third bedroom offers flexibility and can be used as a den or a dedicated office space, catering to your specific needs whether it be for work or leisure. Additionally, the home features an indoor laundry room and numerous built-ins, with soaring volume ceilings adding to the open and airy feel of this 1,940 sq. ft. residence.
The community offers a vibrant clubhouse, tennis courts, walking trails, and a community pool. Plus, you're conveniently close to Wellen Park and downtown Venice, where a variety of shopping, dining, and entertainment options await. Don't miss the opportunity to make this remarkable home your own! (ROOF installed 2016, AC replaced 2014) *BE SURE TO VIEW THE 3D WALKTHROUGH & AERIAL TOURS*
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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 |
|---|---|---|---|
| May 20, 2025 | Sold | ||
| Sold | |||
| Apr 13, 2025 | In contract | - | |
| In contract | |||
| Mar 6, 2025 | Price Decreased |
$450,000
↓ $49K
(9.8%) | |
| Price Decreased | |||
| Feb 11, 2025 | Price Decreased |
$499,000
↓ $40K
(7.4%) | |
| Price Decreased | |||
| Dec 11, 2024 | Listed by GENEROUS PROPERTY | $539,000 | |
| Listed by GENEROUS PROPERTY | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017