8825 Laurel DRIVE
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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 |
|---|---|---|---|
| May 27, 2020 | Sold | ||
| Sold | |||
| May 16, 2020 | No longer available | - | |
| No longer available | |||
| May 14, 2020 | Listed by DOUGLAS ELLIMAN | $1,049,000 | |
| Listed by DOUGLAS ELLIMAN | |||
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Gorgeous two-story home located in Bayou Club Estates with lovely lakefront views on close to half an acre. Living room features vaulted ceilings with French doors leading to the screened in pool area perfect for entertaining. Located on the first floor is the master suite which features a fireplace, morning bar, walk-in closet and en-suite. Adjacent to the master suite is the office with en-suite bath which could also function as the fifth bedroom. Head over to the kitchen area will you will find stainless steel appliances, crown molding, and plantation shutters. The kitchen is open to an amazing living area with more views of the lake and pool. Three additional bedrooms are located on the second floor with two full baths. Plenty of rooms to entertain guests and visitors! Bayou Club is a great, gated neighborhood with 24-hour security, beautiful grounds and a central location that makes getting to the beach, Downtown St. Pete & Tampa a breeze. Don’t miss the opportunity to live in one of Pinellas County’s best gated communities. The manager has listed the unit size as 4762 square feet.
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| Apr 7, 2020 | No longer available | - | |
| No longer available | |||
| Mar 9, 2020 | Price Decreased |
$1,049,000
↓ $46K
(4.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017