1467 Timber Lane
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%.
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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jul 23, 2024 | In contract | - | |
| In contract | |||
| Jul 14, 2024 | Price Decreased |
$420,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Jun 14, 2024 | Listed by RE/MAX REALTY ASSOCIATES-CHA | $435,000 | |
| Listed by RE/MAX REALTY ASSOCIATES-CHA | |||
| Sep 2, 2017 | Listed | $344,900 | |
| Listed | |||
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Beautiful secluded home in sought after Patterson Springs Subdivision. Hidden on the wooded lot is a pristine ranch with full finished basement. The main level offers an open floor plan with the master suite, featuring a very generous walk-in closet and full bath, separated from the other two bedrooms. Also offered is a convenient laundry room off the garage with mud sink. The spacious basement has a 27x32 recreation/family room complete with bar, two possible bedrooms (one without egress window), an office and nice storage area with shelving. The home offers many extras including a surround system, solid oak doors, attic storage, jetted tub and more. Basement refrigerator not included. The manager has listed the unit size as 4376 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017