111 Timberline South at Sunrise #M3
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%.
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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 |
|---|---|---|---|
| Feb 25, 2022 | Sold | ||
| Sold | |||
| Jan 2, 2022 | Listed by Prestige Real Estate of Killington | $449,000 | |
| Listed by Prestige Real Estate of Killington | |||
| Nov 12, 2020 | Sold | ||
| Sold | |||
| Sep 28, 2020 | Listed by Prestige Real Estate of Killington | $319,000 | |
| Listed by Prestige Real Estate of Killington | |||
| | |||
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This stunning 2-bedroom 2-bath condo sits directly ON the Sun Dog ski trail. Ski on ski off does not get any easier than this! The condo has been totally renovated and impeccably maintained including all new kitchen and bathrooms, appliances, furnishings, fixtures, skylights, sliding door, window treatments and flooring. Move right in! Sunrise amenities include indoor and outdoor swimming pools and hot tubs, sauna, steam room, fitness center and locker rooms. This location is wonderful year-round featuring easy access to a trail system for hiking, biking, x-country skiing, and snowshoeing. If you are looking for an investment or just want to offset some expenses, this property generates more than $15K per year in rental income with several weekends held for owner use. Renters unanimously rate this property with 5 stars and you will too. Call to schedule a showing today.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/02/2022
|
2 Bed
|
2 Bath
|
988 ft²
|
$449,000
2 Bed
2 Bath
988 ft²
|
$480,000
+6.90%
02/25/2022
|
Heidi Bomengen
Prestige Real Estate of Killington
| |
|
09/28/2020
|
2 Bed
|
2 Bath
|
988 ft²
|
$319,000
2 Bed
2 Bath
988 ft²
|
$300,000
-5.96%
11/12/2020
|
Heidi Bomengen
Prestige Real Estate of Killington
| |
|
12/18/2016
| |
2 Bed
|
2 Bath
|
996 ft²
|
$190,000
2 Bed
2 Bath
996 ft²
|
$180,000
-5.26%
05/26/2017
|
Patricia Linnemayr
Ski Country Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017