18618 Timbers 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 |
|---|---|---|---|
| Feb 16, 2024 | Sold | ||
| Sold | |||
| Dec 27, 2023 | In contract | - | |
| In contract | |||
| Nov 22, 2023 | Listed by Keller Williams Realty Metropolitan | $325,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Beautiful 2 story, 5 bed, 2.5 bath residence boasts expansive interiors, providing an abundance of space for both relaxation and entertainment. The well-appointed kitchen is a chef's dream it features gorgeous oversized granite counter tops, on custom designed lit cabinets, stainless extra wide cooktop, oven, dishwasher and farmhouse style sink. Guest bedrooms include ceiling fans, hard surface floors, and plenty of closet space, no carpet. Large master suite with two walk-in closets, private bath with double vanity, whirlpool tub, and stand alone shower. This home is less than 4 spaces over to the area recreational pool, and playground, for all of the fun and none of the direct maintenance. Lake Houston is approximately 5 miles away for fun out in the sun, and serene nights. Call now to schedule your private tour.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017