1586 TIMBER TRL #C
About This Property
The manager has listed the unit size as 992 square feet.
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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 |
|---|---|---|---|
| Nov 16, 2023 | Sold | ||
| Sold | |||
| Oct 5, 2023 | Listed | $222,000 | |
| Listed | |||
| | |||
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Discover this beautiful 2-bedroom townhouse in The Trees of Wheaton subdivision decorated in today's colors. Step inside and find a spacious yet cozy living room that offers an inviting atmosphere for relaxation or socializing. The kitchen has granite counters, all the appliances, and a private entrance to your attached garage. The in-unit laundry room is off the main floor powder room. Additional cabinets are included in the dining area where the hardwood floors flow from the Kitchen to the dining area and the living room. The primary bedroom has a walk-in closet plus there is additional great storage in the walk-in closet in the hallway. The front door is equipped with keyless entry, ensuring easy access for you while maintaining a secure environment. This is a great location too with an East facing entry and adjacent to a larger green lawn area. Fantastic District 200 schools and great proximity to Target and wonderful downtown Wheaton.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 31, 2020 | In contract | - | |
| In contract | |||
| Mar 6, 2020 | Listed | $164,999 | |
| Listed | |||
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