2167 TIMBER LANE
About This Property
From the moment you arrive, the lush front yard sets a welcoming tone. Inside, the living room is filled with natural light from wide windows, creating a warm and inviting space. The Florida Room steals the show with its rustic shiplap walls, offering character and charm that can be reimagined to suit your style. Sliding glass doors lead to the enclosed lanai, where you can relax or entertain in total privacy.
The galley-style kitchen is functional and full of potential, featuring durable linoleum flooring, ample cabinetry, and a large window that fills the space with sunlight. With a little vision, this could be the heart of the home!
Both bedrooms are generously sized, with double closets and ceiling fans for comfort. The primary bathroom includes a tub/shower combo, while the garage bath and laundry area add extra convenience.
Outside, the fenced backyard offers endless possibilities-whether you dream of gardens, a fire pit, or a stylish patio makeover, this space is ready for your ideas. Plus, with access to community amenities like a pool, fitness center, and game room, there's always something to enjoy nearby.
This home is perfect for someone looking to renovate, refresh, or invest while enjoying the charm of an established neighborhood. Don't miss this opportunity-schedule a tour today and bring your vision to life!
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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 |
|---|---|---|---|
| Mar 21, 2025 | Sold | ||
| Sold | |||
| Feb 19, 2025 | In contract | - | |
| In contract | |||
| Feb 14, 2025 | Listed by EXP REALTY LLC | $299,000 | |
| Listed by EXP REALTY LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017