11061 Timber Road
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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 |
|---|---|---|---|
| Dec 28, 2021 | Sold | ||
| Sold | |||
| Nov 24, 2021 | Listed by Rick Lamar Real Estate, LLC | $220,000 | |
| Listed by Rick Lamar Real Estate, LLC | |||
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Completely remodeled 4 bed 2 bath home on approximately 1/3 acre. Everything has been remodeled and upgraded in the home including new HVAC system, new kitchen appliances and new bathrooms. High grade carpet in the bedrooms and luxury vinyl in the kitchen and living room allows for long wear and tear. Huge back yard with deck and storage along with a greenhouse for outdoor projects. This home is priced right and is in an area that is convenient to downtown as well as the country - this won't last long, come see today!
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| Jun 11, 2021 | Sold | ||
| Sold | |||
| Sep 9, 2020 | Listed by Rick Lamar Real Estate, LLC | $90,000 | |
| Listed by Rick Lamar Real Estate, LLC | |||
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4 bed-2 bath on 1/3 acre lot with large game room large wood deck. Property is being sold as-is and needs work and updating. Large lot allows for plenty of space and minutes from Hwy 59.
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Property Highlights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017