7514 Lauren Lane
About This Property
Upon entering through the main door, you'll find a spacious area that seamlessly connects to a living room with a vaulted ceiling on one side and a dining room on the other. Interestingly, the layout allows for these spaces to be easily interchanged to better suit your lifestyle. Currently, the dining room is highlighted by a beautiful tiled, wood-burning fireplace, creating a warm and inviting atmosphere. This home offers a wonderful sense of open space, providing a perfect canvas for your personal design preferences. The kitchen is well-equipped with a nice electric range, a double sink with a window overlooking the backyard, and a cozy breakfast nook.
Adding significant value is the converted garage, which offers a substantial amount of versatile living space. With its own separate entrance, this area could function perfectly as a large bedroom, an additional living area, or an amazing game room – picture the possibilities! It would also be ideal as a private retreat for teenagers or a comfortable guest suite. This home truly provides an opportunity to tailor the space to your unique needs.
The large backyard is another exceptional feature, complete with two storage sheds, a newly stained back fence, and a generous patio. This outdoor space is perfect for hosting barbecues, entertaining guests, or simply unwinding and enjoying the beautiful evening sunsets.
Finally, the location offers unparalleled convenience, with easy access to President George Bush Turnpike via Liberty Grove or Highway 66. You'll also appreciate the close proximity to a wide array of shopping, entertainment, and dining options. *DON'T FORGET TO CHECK OUT THE VIRTUAL TOUR*
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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 |
|---|---|---|---|
| Jun 30, 2025 | Sold | ||
| Sold | |||
| May 22, 2025 | In contract | - | |
| In contract | |||
| Apr 22, 2025 | Listed by Better Homes & Gardens, Winans | $299,900 | |
| Listed by Better Homes & Gardens, Winans | |||
| Feb 1, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Oct 23, 2024 | Price Decreased |
$310,000
↓ $29K
(8.5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017