911 LAUREL ROAD
About This Property
Unit A (Lower Level): 2 bedrooms, 1 full bathroom
Unit B (Upper Level): 1 bedroom, 1 full bathroom
Each unit features a spacious living area, a fully equipped kitchen, and modernized bathrooms renovated in 2021. The property sits on a generous 0.39-acre lot, offering potential for future expansion or the addition of income-generating storage units (pending township approval).
Additional highlights include:
Newer roof (approximately 7 years old), Separate electric meters, Shared water and gas meters
Tenants enjoy the unbeatable convenience of this location-just steps from public transit and minutes to shopping, dining, grocery stores, and coffee shops. A turnkey investment in a high-demand area-don't miss out!
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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 |
|---|---|---|---|
| Jul 29, 2025 | Sold | ||
| Sold | |||
| Jun 28, 2025 | In contract | - | |
| In contract | |||
| Jun 19, 2025 | Listed by Keller Williams - Main Street | $299,000 | |
| Listed by Keller Williams - Main Street | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/19/2025
| |
Studio
|
-
|
1455 ft²
|
$299,000
Studio
-
1455 ft²
|
$300,000
+0.33%
07/29/2025
|
Taralyn Hendricks
Keller Williams - Main Street
|
|
02/10/2023
| |
Studio
|
-
|
1455 ft²
|
$215,000
Studio
-
1455 ft²
|
-
-
|
Joseph Wright
Keller Williams Atlantic Shore
|
|
06/25/2019
| |
Studio
|
-
|
1455 ft²
|
$89,900
Studio
-
1455 ft²
|
-
-
|
-
|
|
11/14/2018
| |
Studio
|
-
|
1455 ft²
|
$105,000
Studio
-
1455 ft²
|
-
-
|
-
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017