3711 Timothy Lane
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 |
|---|---|---|---|
| Mar 25, 2024 | Sold | ||
| Sold | |||
| Jan 27, 2024 | In contract | - | |
| In contract | |||
| Jan 4, 2024 | Listed by Real Broker, LLC | $320,000 | |
| Listed by Real Broker, LLC | |||
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Single-story four-bedroom, two-bathroom home nestled on an oversized lot with neighbors only on one side, offering a sense of privacy and tranquility. The kitchen featuring an island with a breakfast bar is a well-designed functional space with ample storage. The formal living room and family room share a dual-sided fireplace offering a balance of elegance and relaxed comfort. The adjacent formal dining room features a built-in dry bar seamlessly integrated into the room's design. The primary suite features an en-suite nursery/bedroom and en-suite bathroom with a separate shower and whirlpool soaking tub, dual sinks with vanity, providing convenience for parents with young children with a touch of luxury and comfort. Additional secondary bedrooms are well-sized with plenty of closet space. The large covered patio is a great space for barbecues, or just relaxing while others enjoy outdoor activities in the oversized backyard. Call today to schedule your private showing!
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Property Highlights
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About Pecan Grove
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$2,200 /mo
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$1,980 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017