16 Timber Ridge 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%.
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 |
|---|---|---|---|
| May 13, 2024 | Sold | ||
| Sold | |||
| Mar 3, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by EXP Realty | $589,000 | |
| Listed by EXP Realty | |||
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***Welcome to this Spacious Victorian Style Hi-Ranch Home, Located in Desirable Timber Ridge Development, Backing Right Up to the Pine Ridge Golf Club with Beautiful Serene Views!*** This Home Offers So Many Great Benefits, a Large Backyard, Mid Block Location on a Nice Quiet Street, 2 Story Entrance Foyer, 2 Car Garage, Gas Utilities with a Gas Fireplace in the Living Room, 4 Bedrooms, 3 Full Bathrooms, 2 of the Bedrooms Offer Full Ensuite Bathrooms, One Upstairs & One Downstairs, Plus an Eat In Kitchen with Walk Out Balcony Overlooking the Golf Course, Office Area & So Much More! This Home is Priced to Sell, Ready to Move In & Won't Last! Come See it Today!
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| Oct 21, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017