37 Witherbee Place
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 |
|---|---|---|---|
| Apr 4, 2025 | Listed | $585,000 | |
| Listed | |||
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Welcome to low-maintenance, luxurious living at its best! This stunning patio home is nestled within the prestigious & highly sought-after gated community of Timarron Lakes. Exceptional quality, thoughtful design and decorator touches throughout. Beautiful home boasts a spacious layout, tons of natural light, high ceilings & ample storage. The desirable finishes add an extra touch of elegance & sophistication. Floorplan includes a welcoming courtyard w/a tranquil water feature. The main house offers a luxurious primary retreat & a comfortable, private guest bedroom & bathroom. The open concept kitchen, dining, & family room create an inviting space for everyday living. The wine grotto adds a touch of elegance. The separate, private guest house/casita features a main level guest bedroom & bathroom while the upper level offers a bonus room, perfect for a quiet home office, studio, storage area, gameroom or living space. Conveniently located near shopping, restaurants & recreation.
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| Dec 19, 2022 | Sold | ||
| Sold | |||
| Dec 2, 2022 | Listed by Compass RE Texas, LLC | $500,000 | |
| Listed by Compass RE Texas, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017