3004 Timothy Lane
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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 |
|---|---|---|---|
| Sep 21, 2021 | Sold | ||
| Sold | |||
| Aug 18, 2021 | Listed by Dallas McLean Realty | $214,900 | |
| Listed by Dallas McLean Realty | |||
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This half duplex with two bedrooms and a freshly painted interior is located in the acclaimed Grapevine-Colleyville School District with easy access to DFW Airport, shopping, dining and all major highways in the area. The updated kitchen features stainless steel appliances and granite countertops that open to the large dining-living room with vaulted ceilings and a cozy bricked wood-burning fireplace. The bedrooms are nicely sized, and both bathrooms have granite countertops. This fenced-in property has been lovingly maintained with a manicured lawn, mature trees and hedges. There is a 2-car carport in the back accessed by a gate for rear entry and added security. This is a great opportunity in the Mid-Cities!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017