405 Timber Fall Court
About This Property
One of the standout features of the home is its expansive backyard. It's perfect for outdoor activities, gardening, or simply relaxing. The backyard includes a patio area, ideal for dining or entertaining guests. Whether you're hosting a barbecue or enjoying quiet evenings, this backyard offers plenty of room for both.
Inside, the home has an open-concept layout with a bright and airy living room that benefits from plenty of natural light. The modern kitchen features ample counter space, and likely an island for extra prep space. The kitchen flows into a dining area or breakfast nook, creating a functional space for family meals.
The master suite is generously sized, offering a walk-in closet and an en-suite bathroom with updated features such as dual vanities, a soaking tub, and a separate shower. The other four bedrooms are also spacious, and the three bathrooms throughout the home provide plenty of convenience and privacy for family members and guests.
The home includes high-quality finishes, laminate and tile flooring in common areas and modern fixtures throughout. A dedicated laundry room adds to the home's practicality, while the three-car garage provides ample storage space for vehicles, tools, or recreational equipment.
Located in a peaceful neighborhood, 405 Timber Fall Ct offers both privacy and convenience, with easy access to schools, parks, shopping, and other local amenities. It's a great home for those seeking a combination of indoor and outdoor space, with plenty of room for family living, entertaining, and enjoying the outdoors.
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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 25, 2025 | Sold | ||
| Sold | |||
| Apr 10, 2025 | In contract | - | |
| In contract | |||
| Mar 29, 2025 | Price Decreased |
$519,000
↓ $11K
(2.1%) | |
| Price Decreased | |||
| Mar 5, 2025 | Price Decreased |
$529,900
↓ $5K
(1%) | |
| Price Decreased | |||
| Jan 25, 2025 | Price Decreased |
$534,999
↓ $5K
(0.9%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017