185 Timberlake Drive
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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 |
|---|---|---|---|
| Apr 14, 2014 | Sold | ||
| Sold | |||
| Jan 4, 2014 | Listed by RE/MAX Real Estate Limited - Brick | $345,000 | |
| Listed by RE/MAX Real Estate Limited - Brick | |||
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Well maintained Colonial. Enjoy sunsets from your deck over looking serene Lake views! Over sized lot with professional landscaping and new bulkhead. Eat in Kitchen with lots of cabinets and counter space. F/DR, F/LR with wood burning fireplace and sliders leading to large deck. Newer vinyl siding and tilt in Anderson windows, new exterior doors. Neighborhood playground and private beach. Close to shopping, beaches and LBI. Motivated Seller-Original owner. NO water damage from Sandy!! Owner does not carry flood insurance, but please double check Fema flood maps for accuracy!! Owner is willing to sell furnished. Also for rent. $216 year maintenance for common areas.
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| Jul 8, 2013 | Listed by Real Estate, LTD | $345,000 | |
| Listed by Real Estate, LTD | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017