12687 Timberline Estates Drive
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 17, 2022 | Sold | ||
| Sold | |||
| Jan 14, 2022 | Listed by Coldwell Banker Realty | $479,900 | |
| Listed by Coldwell Banker Realty | |||
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Country living at its finest! 3 manicured acres with incredible out buildings and a meticulously cared for home. The property is fenced with circle drive, drive thru second garage (detached) with roll up doors on both sides. 14x24 shed with front porch, a/c & heater, climate controlled, insulated roof and 2 lofts. Great for workshop, living quarters, she-shed, whatever your heart desires. 30x40x16 (H) with 12x40x16 (H) Shop with covered awning, roll up doors on both sides and a 9000 lb car lift. Shed and Shop are on a separate power pole with their own 200 AMP meter. Home built in 2007 with large bedrooms, comfortable floor plan and beautiful vaulted ceiling in the family room. This space is anchored with a corner wood burning fireplace. The kitchen is spacious with nice sized island, stainless appliances and an incredible view of the back of the property. Enjoy your evenings on a covered back patio! Bring your picky buyers this property will not last!
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About Timber Line Estates
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017