1 Timber Lane
About This Property
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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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Jul 5, 2021 | In contract | - | |
| In contract | |||
| Jul 2, 2021 | Listed by VIP Properties | $184,900 | |
| Listed by VIP Properties | |||
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Rustic beauty on the edge of Salem with so much to offer! 3-Bedrooms, 2-full baths, 2-fireplaces and lots of recent updates; screened in front porch, fireplace w/pellet stove insert in living room, no maintenance water filtration system, digital keypad entries, laminate flooring in bedrooms eliminating all carpet! Updated kitchen w/custom hickory cabinets, quartz counters, waterfall sink, pantry, & stainless appliances that ALL STAY!! The sunken family room w/vaulted ceiling & gas fireplace. Main floor laundry that includes the washer and dryer! Covered back porch. Fenced in backyard surrounded by trees giving it that 'in the woods' feeling! Ready for you to move right in! The manager has listed the unit size as 2055 square feet.
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| Apr 24, 2021 | In contract | - | |
| In contract | |||
| Apr 21, 2021 | Listed | $165,000 | |
| Listed | |||
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Motivated sellers!! Beautiful log home just on the edge of town. This lovely home has many appealing features! A newly-finished, screened in front porch runs the length of the house. Just inside, the living room has a beautiful rock fireplace with a new and very efficient pellet stove insert. Recently remodeled kitchen with stainless steel appliances, quartz countertops, tiled backsplash & floor, custom hickory cabinets, and a walk-in pantry. Just off the dining room is a huge sunken family room with a beautiful, remote-controlled gas fireplace, vaulted ceilings & exposed beams. Three bedrooms, two bathrooms. Fenced in backyard. Shed included. This is a beautiful home and it's move-in ready! The manager has listed the unit size as 2055 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017