7887 Laina Lane #3
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%.
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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 |
|---|---|---|---|
| Oct 9, 2025 | Price Decreased |
$350,000
↓ $20K
(5.4%) | |
| Price Decreased | |||
| Aug 27, 2025 | Listed | $370,000 | |
| Listed | |||
| | |||
|
Beautiful 2nd floor home with elevator boost 2 bedrooms and 2 bathrooms + den. This home offers an open floor plan with vaulted ceiling. Enclosed balcony with great view of fountain and lake. New Roof 2023. Recently painted on inside and outside. The Grove offers saltwater pool, fitness center, tennis, pickleball, shuffleboard, bocce, putting green and billiards in newly renovated clubhouse. 24-hour manned gate in this over 55 community.
| |||
| Jun 29, 2015 | Sold | ||
| Sold | |||
| Nov 14, 2014 | Listed by Hudson Realty Of The Plm Bchs | $199,900 | |
| Listed by Hudson Realty Of The Plm Bchs | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/14/2014
|
3 Bed
|
2 Bath
|
1840 ft²
|
$199,900
3 Bed
2 Bath
1840 ft²
|
$190,000
-4.95%
06/29/2015
|
Ali Mohammed Ali
Hudson Realty Of The Plm Bchs
| |
|
05/09/2013
|
3 Bed
|
2 Bath
|
1508 ft²
|
$162,900
3 Bed
2 Bath
1508 ft²
|
$156,000
-4.24%
07/17/2013
|
Debra Simon
The Keyes Company
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017