24 Timber Ridge Trail
About This Property
The gourmet kitchen features, 42" custom cabinets, granite counter tops, Wolfe 6 burner cooktop, double ovens, sub zero frig, 60 bottle wine frig, Asko dishwasher, 80"x58" island, and more.
High quality wood flooring extends from the entry to the office, formal dining, family room, kitchen, and primary suite. The isolated primary suite features his and her vanities, separate tub, over sized separate shower, and over 200 sq. ft. of closet space with Elfa custom shelving, shoe island, and 8 drawer chest
The second level has 4 large bedrooms, a Jack and Jill bath and a full bath located around the landing at the top of the open staircase.
This spectacular back yard is so beautifully landscaped with river rock and crushed granite amongst the colorful trees and shrubs.
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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 12, 2022 | Sold | ||
| Sold | |||
| Apr 30, 2022 | Listed by Kelly, Realtors | $1,129,000 | |
| Listed by Kelly, Realtors | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017