1586 Timber Trail #C
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 |
|---|---|---|---|
| Nov 16, 2023 | Sold | ||
| Sold | |||
| Oct 5, 2023 | Listed by Keller Williams Premiere Properties | $222,000 | |
| Listed by Keller Williams Premiere Properties | |||
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 6, 2020 | Listed | $164,999 | |
| Listed | |||
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BEAUTIFUL TH IN THE TREES OF WHEATON. Conveniently located to all major transportation. Historic downtown Wheaton is just minutes away. This unit has been all freshly painted. Kitchen boasts new granite counter and upscale light fixtures plus extra low level cabinets for storage and extra counter space. First floor half bath has been updated with high end fixtures and ceramic floor. There are sliding doors to close off the laundry area. First floor has beautiful hardwood floors. The stairs and 2nd floor are carpeted. The master bedroom has a spacious walk-in closet and pull down ladder to attic for extra storage. The hallway closet is also spacious and walk-in. The garage has direct access to the unit! The HOA includes water, pool, exterior building maintenance, lawn care, snow removal. The front door has keyless entry. The manager has listed the unit size as 992 square feet.
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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 |
|---|---|---|---|---|---|---|---|
|
10/05/2023
|
2 Bed
|
2 Bath
|
992 ft²
|
$222,000
2 Bed
2 Bath
992 ft²
|
$230,500
+3.83%
11/16/2023
|
Melanie Young
Keller Williams Premiere Properties
| |
|
03/06/2020
|
2 Bed
|
2 Bath
|
992 ft²
|
$164,999
2 Bed
2 Bath
992 ft²
|
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Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017