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433 Timberline Drive
About This Property
This property offers the ideal blend of rural living with city conveniences around the corner. Kiepersol, Bullard ISD schools and downtown Bullard are less than 10 minutes from this location. If you love the lake life, you'll be thrilled to know that Lake Palestine's boat ramp access is less than 15 minutes away, offering you all the fishing, boating, and recreation the lake has to offer.
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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 |
|---|---|---|---|
| May 25, 2025 | In contract | - | |
| In contract | |||
| Sep 29, 2024 | Listed by Standard Real Estate | $36,000 | |
| Listed by Standard Real Estate | |||
| Mar 1, 2024 | No longer available | - | |
| No longer available | |||
| Oct 10, 2023 | Price Decreased |
$37,500
↓ $3K
(6.3%) | |
| Price Decreased | |||
| Sep 2, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017