85 Laurel Drive
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Aug 5, 2019 | No longer available | - | |
| No longer available | |||
| Jun 15, 2019 | Price Decreased |
$1,297,000
↓ $48K
(3.6%) | |
| Price Decreased | |||
| May 17, 2019 | Price Decreased |
$1,345,000
↓ $24K
(1.8%) | |
| Price Decreased | |||
| Mar 24, 2019 | Listed | $1,369,000 | |
| Listed | |||
| | |||
|
This home is the embodiment of Carmel Valley family living - remodeled 4 bed/ 3 full bath, 3/4 acre parklike setting that's private and move-in ready! Set on the sunny side of the valley surrounded by majestic oaks and views of Santa Lucia mountains, this home radiates tranquility. Its best feature - an overwhelming feeling of light and spaciousness with rustic wood-lined vaulted ceilings, skylights and walls of windows where sunlit landscapes are the backdrop for every room. At the heart of the remodel is a new chic kitchen with breakfast bar, open to the expansive living, dining and family rooms. Artfully modernized bathrooms and a new 35yr roof are also examples of significant upgrades. The outside spaces offer numerous options for enjoying the warm valley sun with an inviting deck, paver walkways, raised garden beds, and plenty of room for kids and pets to play. This rare countryside home just minutes from CV village satisfies the soul. The manager has listed the unit size as 2263 square feet.
| |||
| Oct 15, 2018 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017