29 Timber Creek 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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Jan 30, 2025 | In contract | - | |
In contract | |||
Jan 3, 2025 | Listed by Hunt ERA | $650,000 | |
Listed by Hunt ERA | |||
Nov 22, 2022 | Sold to James Patrick Gazzale, Kare... | ||
Sold to James Patrick Gazzale, Kare... | |||
May 6, 2021 | Listed by Howard Hanna | $409,900 | |
Listed by Howard Hanna | |||
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TO BE BUILT Just off exit 11 in Timber Creek Preserve Ph 4. Walking
trails, community park area, sidewalks & street lights are a few of
the amazing things we offer. Open floor plan for entertaining.
Rooms are rounded to closet ft. Elevation & photos are of a
previously built home & may show upgrades not included in this home
or in base price of homes. Superior Condition, To Be Built
Condition, Condition-New, Custom Kitchen Feature
|
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/06/2021
| |
3 Bed
|
2 Bath
|
-
|
$409,900
3 Bed
2 Bath
|
$555,705
+35.57%
11/16/2022
|
-
|
Jaylene Leonbruno
HOWARD HANNA CAPITAL INC
|
Building Info
- 1 Unit for Sale
