104 Timber Lane
About This Property
relax by the pool or set up for entertaining. This gorgeous home shows off its split floor plan with double sliding doors that introduce the backyard with elegance and privacy. Master bathroom has been updated with new tile, fixtures, and more! Guest bedrooms have upgraded flooring. Granite kitchen counter tops , partial impact glass, pass through window from kitchen to the pool lounge, convenient parking in driveway for family and
friends to visit. Just minutes from the ocean, shopping, restaurants and everything you need to have fun in Palm Beach.
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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 |
|---|---|---|---|
| Jun 29, 2023 | Sold | ||
| Sold | |||
| May 21, 2023 | Listed by Water Pointe Realty Group | $789,900 | |
| Listed by Water Pointe Realty Group | |||
| Dec 3, 2021 | Sold | ||
| Sold | |||
| Oct 2, 2021 | Listed by Water Pointe Realty Group | $610,000 | |
| Listed by Water Pointe Realty Group | |||
| Jul 21, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017