102 Timberlee Drive
About This Property
bright windows. Formal dining room is adjacent to kitchen & complimented w/bright windows, dentil molding, chair rail & stylish lighting.
DREAM Kitchen w/custom detailing. Meals & entertaining is a pleasure w/Wolf, 4 gas burner stove & griddle, Sub Zero refrigerator &
beverage center. Tile backsplash compliments Quartz counters, Cherry cabs. Owner's suite is bright feat his/her closets, spa bath w/jetted tub & vaulted ceiling. Basement complete with game room mini-bar and powder baths, perfect for entertaining. Large detached shed with double garage doors, perfect for lawn equipment or other toys. Roof, gutters, and downspouts (2024) heat pump, duct, air exchanger (2023)
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017