16685 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 |
|---|---|---|---|
| Sep 20, 2022 | Sold | ||
| Sold | |||
| Aug 3, 2022 | Listed by Coldwell Banker Realty | $2,495,000 | |
| Listed by Coldwell Banker Realty | |||
| Apr 14, 2021 | Sold | ||
| Sold | |||
| Mar 7, 2021 | Listed by RE/MAX Harbor Country | $1,990,000 | |
| Listed by RE/MAX Harbor Country | |||
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This stunning contemporary retreat has been elevated to the next level. The new custom heated cement pool with upgraded tile and blue stone coping is enveloped by the new Ipe decking. New landscaping provide a private oasis for entertaining poolside. The screen porch is the perfect size for summer meals and a relaxing spot for a night cap or Sunday morning coffee. Inside, the design blends personal space with family living and the natural light warms every room. Four bedrooms and 4.5 bath, plus a finished basement gives people room to spread out. Some of the sophisticated details include: Nero Marquina marble waterfall island counter top, Viking stove and dishwasher, new gas fireplace, Eze Breeze 3 season screen porch, custom cabinetry, Emtek hardware and Marvin windows. Perfectly located in the Heart of Harbor Country with private deeded beach access and across the street from prestigious Dunes Club golf course.
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| Oct 24, 2019 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017