4240 Roaring Timber Drive
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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%.
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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, 2023 | Sold | ||
| Sold | |||
| Jun 13, 2023 | Listed by Keller Williams Advtge Realty | $275,000 | |
| Listed by Keller Williams Advtge Realty | |||
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Like new meticulously maintained 3 bedroom, 2 bathroom home next to 1.25 acres of open space. The back and side of the house have amazing views of the woods. Large deck in the back yard made of durable composite wood. Close to SH105, I-45, and Conroe with the feeling of living in the country. This is the Serenada Model and has upgrades like a covered patio. There is a community park and picnic table area just down the street.
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Last Updated: 5 months ago
Data Source: HAR , MLS# 89050346
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017