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40 Timberpoint Drive
About This Property
Enjoy a heated in-ground pool with waterfalls, a tranquil koi pond, wood floors throughout, and a unique indoor spa room featuring a Jacuzzi tub and wet bar. With 4 bedrooms, 2 full baths, and updates including a new oil burner, central air, and 200-amp electric service, this home is move-in ready.
Residents enjoy access to town beaches, golf courses, deep-water mooring in Northport Harbor, and all the charm of Northport Village, from waterfront concerts and community events to exceptional dining and the Engeman Theater.
Low taxes of just $9,630 with Basic STAR.
This is more than a home, it's a retreat. Come see what makes 40 Timberpoint Drive so special.
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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 |
|---|---|---|---|
| Aug 18, 2026 | In contract | - | |
| In contract | |||
| Jul 22, 2026 | Price Decreased |
$899,000
↓ $55K
(5.8%) | |
| Price Decreased | |||
| Jun 23, 2026 | Price Decreased |
$954,000
↓ $91K
(8.7%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by Howard Hanna Coach | $1,045,000 | |
| Listed by Howard Hanna Coach | |||
| Sep 7, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017