7954 Laina Lane #2
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 |
|---|---|---|---|
| Mar 31, 2017 | Sold | ||
| Sold | |||
| Jan 22, 2017 | Listed by United Realty Group Inc | $239,999 | |
| Listed by United Realty Group Inc | |||
| | |||
|
Move in condition, first floor coach home with lake view and 1 car garage. This coach home has new carpet 2/14/17 and was just painted 2/13/17. New white Quartz counter tops in kitchen and guest bath. New quartz in master bath. New modern faucets. New back splash in kitchen. Newer Samsung stainless steel appliances (2015) and AC (2011). Sit on your enclosed patio and watch the birds go by. No wallpaper or popcorn ceilings. Fast approval. The Grove Community is a manned gated, active adult community with a clubhouse that is under renovation, a resort style pool, Jacuzzi and tennis courts. The association takes care of the lawn and provides cable tv and security alarm monitoring. A one time capital contribution of 3 months maintenance is due at closing.
| |||
| Jan 22, 2017 | Sold | ||
| Sold | |||
| Dec 25, 2016 | Listed by Charles Rutenberg Realty LLC | $225,000 | |
| Listed by Charles Rutenberg Realty LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
10/31/2022
|
2 Bed
|
2 Bath
|
1840 ft²
|
$385,000
2 Bed
2 Bath
1840 ft²
|
-
-
|
Louis Higgins
KW Innovations
| |
|
03/30/2022
|
3 Bed
|
2 Bath
|
1375 ft²
|
$339,000
3 Bed
2 Bath
1375 ft²
|
$324,000
-4.42%
05/25/2022
|
Debra Simon
The Keyes Company
| |
|
12/25/2016
|
3 Bed
|
2 Bath
|
1508 ft²
|
$225,000
3 Bed
2 Bath
1508 ft²
|
$199,000
-11.56%
01/22/2017
|
Patrice Krupa
United Realty Group Inc
| |
|
10/24/2013
|
3 Bed
|
2 Bath
|
1523 ft²
|
$167,500
3 Bed
2 Bath
1523 ft²
|
$163,000
-2.69%
12/23/2013
|
Susan A Jones
One Step Ahead Realty Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017