2621 Timber Drive
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 |
|---|---|---|---|
| Oct 8, 2024 | Sold | ||
| Sold | |||
| Jun 25, 2024 | Listed by Walzel Properties - Corporate Office | $219,900 | |
| Listed by Walzel Properties - Corporate Office | |||
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No Back Neighbors, No Front Neighbors! This charming home faces a park with mature trees and sits on a large corner lot.
Newly Renovated! Perfect for a starter home, retirees, or as an investment property. Located in a well-established neighborhood with mature trees, this home features wood floors, ceiling fans, and an exposed brick designer wall in the formal dining room. Enjoy the large front yard and fully fenced back yard, complete with a new fence, new roof, fresh paint, new floors and new driveway.
Conveniently located with easy access to I-45 and just minutes away from shopping, dining, and Kemah.
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| Jul 27, 2023 | Sold | ||
| Sold | |||
| May 4, 2023 | Listed by eXp Realty, LLC | $209,900 | |
| Listed by eXp Realty, LLC | |||
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NEWLY RENOVATED! GREAT STARTER HOME!!!! This cozy 3 bedroom home. Just perfect for a starter home. Great well established neighborhood with mature trees. Wood floors, tiled kitchen and ceiling fans. Exposed brick designer wall in the Formal dining room. Sleek black appliances with warm mahogany cabinets. Large front, back and side yard. The back yard has a shed for storage and a large play area for the kids. Motivated seller. Come and take a look Great Potential.Come and see it TODAY.
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| Mar 10, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017