8 Laurel Circle
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 12, 2021 | Sold | ||
| Sold | |||
| Sep 16, 2021 | Listed by BHHS Verani Wolfeboro | $339,000 | |
| Listed by BHHS Verani Wolfeboro | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/30/2022
| |
3 Bed
|
2 Bath
|
2360 ft²
|
$439,900
3 Bed
2 Bath
2360 ft²
|
$425,000
-3.39%
10/13/2023
|
Cindy Melanson
Melanson Real Estate
|
|
09/16/2021
| |
3 Bed
|
2 Bath
|
1899 ft²
|
$339,000
3 Bed
2 Bath
1899 ft²
|
$325,000
-4.13%
10/12/2021
|
Sara Reineman
BHHS Verani Wolfeboro
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017