261 Timber Run Way
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 20, 2018 | Sold | ||
| Sold | |||
| Oct 1, 2018 | Sold | ||
| Sold | |||
| Aug 25, 2018 | No longer available | - | |
| No longer available | |||
| Aug 13, 2018 | No longer available | - | |
| No longer available | |||
| Aug 13, 2018 | Listed | $120,000 | |
| Listed | |||
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Bring your golf cart to this beautiful gated lake front community nestled close to shopping & major roadways. This lake community offers many enjoyable amenities & activities to include a community pool & spa, double tennis courts, multiple shuffle boards, huge club house w/full kitchen, dance floor, pool tables, fitness center & bbq & picnic area overlooking the vast lake where you can fish all day long. Home has open floor plan w/vaulted ceilings, breakfast bar & kitchen island. Living area &bedrooms are spacious. Florida room is 26x14 over looking pond. Lots of storage inside & storage shed outside w/carport to accommodate 2 vehicles. 1 pet per owner. 55 + Community. The manager has listed the unit size as 1509 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017