1629 Timber Ln
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 |
|---|---|---|---|
| Oct 3, 2025 | Sold | ||
| Sold | |||
| Aug 10, 2025 | No longer available | - | |
| No longer available | |||
| Aug 8, 2025 | Listed | $1,195,000 | |
| Listed | |||
| May 21, 2025 | Price Decreased |
$1,295,000
↓ $200K
(13.4%) | |
| Price Decreased | |||
| May 5, 2025 | Listed | $1,495,000 | |
| Listed | |||
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First time offered in 55 years and sited on one of the best lots in Pine Brook promoting both privacy and amazing views! This represents the perfect opportunity to transform the existing home into the home of your dreams! Features include an open spacious main floor with vaulted ceilings and a wall of East facing windows and a fully finished walkout daylight lower level. Large decks for entertaining and enjoying multiple outdoor living spaces. A second detached garage is included and also offers an additional 450 square feet of second level space perfect for a home office or possible ADU. Your chance to take advantage of an opportunity to create your own artistic masterpiece on a very special lot located a short 3 miles to Broadway and 5 miles to the Laughing Goat.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017