919 Laurel Drive
About This Property
Tenant Occupied until April 2021. CASH ONLY
Perfect investment property already leased until April 30, 2021 getting $2,000 per month. Very unique property 4/3 includes the guest house that has a bedroom, living room, bathroom and small kitchenette. Small soaking pool/hot tub. The main home has 3 bedrooms (one could be a den or office with a closet & open to the family room/sun room). Quite an artsy feel to the entire property including the back yard that is fully fenced. Covered outside space for laundry room. Sprinklers run off a well. Solar water heater, tons of storage buildings and sheds with an irrigated plant nursery area in the back of the lot. Close to shopping and a few blocks from the intracoastal.
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 |
|---|---|---|---|
| Sep 11, 2020 | Sold | ||
| Sold | |||
| Jul 2, 2020 | Listed by RE/MAX Direct | $249,900 | |
| Listed by RE/MAX Direct | |||
| Apr 16, 2020 | No longer available | - | |
| No longer available | |||
| Apr 7, 2020 | Price Decreased |
$267,000
↓ $6K
(2.2%) | |
| Price Decreased | |||
| Mar 23, 2020 | Price Decreased |
$273,000
↓ $6K
(2.2%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Kelsey City
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$10,000 /mo
- 4 Beds
- 3 Baths
- 2,400 ft²
$5,500 /mo
- 2 Beds
- 2 Baths
- 1,143 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017