1
Map
321 Timber Wind Drive
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jul 29, 2026 | Listed by CENTURY 21 Commander Realty | $270,000 | |
| Listed by CENTURY 21 Commander Realty | |||
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Jun 22, 2025 | In contract | - | |
| In contract | |||
| Jun 17, 2025 | Listed by Scenic Sotheby's International Realty | $185,000 | |
| Listed by Scenic Sotheby's International Realty | |||
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Discover the potential of this 3BR/2BA home in the highly desirable Timber Wind Estates, just steps from scenic Lake Stanley. Nestled in a quiet, well-established neighborhood yet close to all the conveniences of town, this under-market-value property is ready for a thoughtful remodel. The spacious interior layout, two-car garage, and expansive backyard offer a strong foundation for creating your dream home. Ideal for entertaining, gardening, or relaxing, the outdoor space adds to its appeal. While the home needs updates—such as new flooring, fixtures, and cosmetic upgrades—it presents a rare opportunity for a savvy buyer or investor to reimagine and customize a well-located home in a sought-after community.
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| May 3, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017