2497 Timber Hills Drive
About This Property
Inside, you'll find an open-concept layout with engineered wood floors and a beautiful stone wood-burning fireplace with a brick chimney as the centerpiece of the living area. The island kitchen features custom cabinetry, stainless steel appliances, granite countertops, a subway tile backsplash, and a spacious pantry, all flowing seamlessly into the dining area and the screened-in 18x15 patio for year-round enjoyment.
The private primary suite is complete with wood floors, dual vanities, a garden tub, separate walk-in shower, and a large walk-in closet. Three additional guest bedrooms and a full bath provide plenty of space for family or visitors. The backyard offers both privacy and a scenic view, along with a storage building and a full sprinkler system.
A true standout is the extended 3-car garage. Fully insulated, air-conditioned, and outfitted with insulated garage doors, it also features backyard access, a rear garage door, commercial epoxy floors with glow-in-the-dark flakes, upgraded electrical, enhanced lighting, and 220-volt outlets-perfect for projects, hobbies, or simply enjoying a pristine space.
This home combines thoughtful upgrades, quality construction, and a fantastic location, making it a must-see in Oak Hills.
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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