5705 VALLEY LAUREL Street
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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%.
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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 |
|---|---|---|---|
| Sep 11, 2024 | Sold | ||
| Sold | |||
| Sep 5, 2024 | In contract | - | |
| In contract | |||
| Aug 28, 2024 | Listed by ClearView Realty | $389,700 | |
| Listed by ClearView Realty | |||
| Jun 28, 2021 | Sold | ||
| Sold | |||
| May 21, 2021 | Listed by Home Pros Real Estate Group | $285,000 | |
| Listed by Home Pros Real Estate Group | |||
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This home shows pride of ownership with attention to detail. Formal living/dining room with contemporary style fireplace and private flex room with double doors. Spacious kitchen with Island, pantry sliding barn door, and stainless-steel appliances that include double ovens. Open concept to breakfast area and family room with stone veneer accent wall. Zoned owner's suite with separate shower and garden tub, and spacious walk-in closet. Home sits on a 10,000 Sq Ft lot and is beautifully landscaped front and back with a privacy wood fence, extended patio with pergola, and a fire-pit that is great for relaxing or entertaining friends. Additional features include zero carpet, shutters, updated light fixtures, nest thermostat, finished garage with additional storage, and RV parking. Easy access to Artcraft and I-10 and it is conveniently located near West Towne Marketplace.
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About Valley Creek South
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017