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1002 Timberland Bay Court
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 |
|---|---|---|---|
| Jul 28, 2025 | Sold | ||
| Sold | |||
| Jun 13, 2025 | In contract | - | |
| In contract | |||
| Apr 4, 2025 | Listed by Carswell Real Estate Co. Inc. | $998,000 | |
| Listed by Carswell Real Estate Co. Inc. | |||
| Jan 9, 2020 | Sold | ||
| Sold | |||
| Oct 17, 2019 | Listed by Turner Mangum,LLC | $548,917 | |
| Listed by Turner Mangum,LLC | |||
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The distinctive two-story Ridgefield II plan by Village Builders features an welcoming entry foyer, a study with the options to add a built-in bookshelf and beautiful ceiling beams, an elegant formal dining room, a spacious island kitchen with a breakfast room and a large walk-in pantry or the option to add a prep kitchen, an adjoining butler's pantry, a generous family room with a fireplace, a handy mud room and powder bath, and a covered rear patio with the option to add an outdoor grilling area. The first floor master suite features an adjoining rotunda sitting room, a walk-in shower and separate tub, dual sinks and dual walk-in closets. A large game room is located on the second floor. An option to add a second floor media room is available for this plan.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017