28 Timber Ridge 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 30, 2024 | Sold | ||
| Sold | |||
| Oct 2, 2024 | In contract | - | |
| In contract | |||
| Aug 27, 2024 | Listed by Coldwell Banker Real Estate Group | $230,000 | |
| Listed by Coldwell Banker Real Estate Group | |||
| May 24, 2023 | Sold | ||
| Sold | |||
| Mar 17, 2023 | Listed by Keeley Real Estate | $195,000 | |
| Listed by Keeley Real Estate | |||
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Watch Indian Creek gently flow by from your deck on this just listed brick and cedar 3 or 4 bedroom, 2 bath ranch home on Timber Ridge Drive across from the golf course in Fairbury. Over 2000 square feet of living area plus a basement with limitless possibilities. Main level consists of a large living room, fully appliance kitchen with breakfast counter and dining area, family room with brick fireplace and patio deck, office/den, three bedrooms (MBR has its own bath and walk in closet), and mud room off the garage with plumbing for main floor utility room. Two car attached garage. Beautiful back yard setting. The owner of this beautiful home belongs to the Timber Ridge Lake Association which includes the access to the lake for fishing and it has it's own sandy beach for swimming. This is a rare opportunity to purchase a home in this area so make that call today!!!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017