253 Timber Run Way #309
About This Property
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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 |
|---|---|---|---|
| Dec 21, 2021 | Sold | ||
| Sold | |||
| Jun 24, 2021 | Listed by Florida East Coast Real Estate | $170,000 | |
| Listed by Florida East Coast Real Estate | |||
| |||
|
Water Front!! Fully furnished 2 bedroom 2 bath home with large yard and water view in this very active 55+ community of Lost Lakes. You own the land, no lot rent here. Looking for a vacation home or full time living the Florida Lifestyle, this is it. The HOA covers cable, internet, lawn maintenance, pool, security, workout room, pool tables, and fully functioning kitchen in the clubhouse. Play pickle ball or swim in the pool, there's so much to do. Great location close to I-95 makes shopping, dining, and beaches just a short drive away.
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| Feb 20, 2013 | Sold | ||
| Sold | |||
| Apr 27, 2011 | Listed by Best Advantage R.E. & Rlty Co | $95,000 | |
| Listed by Best Advantage R.E. & Rlty Co | |||
| Sep 12, 2000 | Sold | ||
| Sold | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/24/2021
|
2 Bed
|
2 Bath
|
1225 ft²
|
$170,000
2 Bed
2 Bath
1225 ft²
|
$165,000
-2.94%
12/20/2021
|
Darlene Quivey
EXP Realty, LLC
| |
|
04/27/2011
|
2 Bed
|
2 Bath
|
-
|
$95,000
2 Bed
2 Bath
|
$65,000
-31.58%
02/15/2013
|
Wenda Nicholls-Adams
Best Advantage R.E. & Rlty Co
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017