8532 Laurel Lakes Boulevard
About This Property
Completely new floors and doors throughout the entire home as well as a fresh coat of paint. The home features numerous upgrades, including a newer A/C system, enhanced landscaping and vertical blinds over the sliding glass doors. The master bathroom has been updated, and new designer light fixtures and fans have been installed throughout. Additionally, a silent garage door opener has been added, among other improvements.
The lanai pool is an oasis of tranquility, surrounded by lush landscaping that ensures complete privacy, creating a serene retreat for relaxation. The backyard is enveloped by tall trees, greenery and high white privacy fence, offering a secluded space where you can unwind in peace, far from the outside world.
Conveniently located close to the clubhouse and pool, this home offers low HOA fees, making it an exceptional find.
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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 |
|---|---|---|---|
| Mar 5, 2025 | Sold | ||
| Sold | |||
| Jan 30, 2025 | In contract | - | |
| In contract | |||
| Jan 17, 2025 | Price Decreased |
$829,900
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Dec 20, 2024 | Price Decreased |
$839,900
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Dec 8, 2024 | Price Decreased |
$849,800
↓ $100
(0%) | |
| Price Decreased | |||
Property Highlights
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About Urban Estates
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$6,700 /mo
- 2 Beds
- 2 Baths
- 1,440 ft²
$7,000 /mo
- 3 Beds
- 2 Baths
- 1,700 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017