2196 TIMOTHY DR
About This Property
Outside, the charm continues with a beautifully landscaped flat front yard and a long driveway leading to a spacious 2-car side-loading garage. Recently replaced gutters ensure durability and efficiency.
Entertain with ease in the fully fenced backyard, complete with an above-ground pool featuring a new liner. The large deck with bench seating and an access gate to the pool provides the perfect setting for summer gatherings, with stairs on both sides leading to the yard below. Additional highlights include a shed for storage, security lighting above the garage doors, newly replaced slider to back deck. Enjoy the convenience of a walk-up basement with stairs providing easy access to the yard. With no HOA fees this home offers the freedom and flexibility you desire. Don't miss out on the opportunity to make 2196 Timothy Dr your own slice of paradise
SELLER IS OFFERING A $5000 CREDIT IN LIEU OF REPAIRS TO DECKING/ BOTTOM HANDLE MUST BE PUSHED DOWN TO OPEN
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017