85 Laurelhurst Drive
About This Property
Distressed wood floors welcome you into a formal living and formal dining room with high ceilings and an abundance of light. Spacious kitchen accented with island, dining nook, built in home office management center and all open to the family room extending a great room feel. Family room is ready for your Fall/Winter nights with a romantic stone faced fireplace. Upstairs is well laid out with 4 ample bedrooms. The spacious master bedroom retreat is private and complete with a large walk-in closet and en-suite bathroom with dual sinks, romantic soaking tub and walk-in shower. Secondary rooms are well sized and conveniently spaced between the secondary bathroom. Walk-in large laundry room with a sink and cabinet storage add to appeal of this home. A private, spacious wrap-around rear yard offers an abundance of space for outdoor entertaining and evening sunsets. Ladera Ranch amenities include resort style pools, parks, water park, skate park, basketball court, tennis courts, dog parks, Award Winning Schools, and High Speed Cox Internet is included in your HOA!
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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 |
|---|---|---|---|
| Feb 28, 2018 | Sold | ||
| Sold | |||
| Oct 16, 2017 | Listed by Coldwell Banker Res. Brokerage | $879,000 | |
| Listed by Coldwell Banker Res. Brokerage | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017