2367 TIMBER Lane
About This Property
Priced to sell! This 3 bedroom, 2 bath brick build seeks a new life with a modern touch. Newer roof (within 7 years), needs upgrades and TLC. Premium lot in cul-de-sac; close proximity to shopping, parks, utilities with a quiet suburban feel. Cash buyers with quick close preferred.
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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 25, 2020 | Sold | ||
| Sold | |||
| Mar 31, 2020 | Listed by KELLER WILLIAMS FIRST COAST REALTY | $208,000 | |
| Listed by KELLER WILLIAMS FIRST COAST REALTY | |||
| Feb 13, 2019 | Sold | ||
| Sold | |||
| Nov 14, 2018 | Listed by WATSON REALTY CORP | $189,990 | |
| Listed by WATSON REALTY CORP | |||
| | |||
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This spacious, non-carpeted (laminate and tile throughout), split floor-plan offers plenty of room to grow. This updated home includes an extended driveway, ample, pie-shaped lot, formal living and dining, PLUS a separate family room and eat-in kitchen space. The roof is only 7 years old and the HVAC is brand NEW.
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| Sep 7, 2018 | Sold | ||
| Sold | |||
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About Lakeside
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017