44305 Timberland Terrace
About This Property
We're offering an interest rate 'buy down' to help make your dream home more affordable.
*NEED A LITTLE EXTRA INCENTIVE?
We'll also assist with your closing costs!
*YES!!! YOU CAN HAVE BOTH!!!
Let's turn your homeownership goals into reality today.
Unbeatable Price in Babcock Ranch's Sought-After Midtown District!
Welcome to Crescent Lakes, a gated community nestled in the heart of Midtown, offering thoughtfully designed single-family homes with a focus on comfort, style, and sustainability. This beautiful residence showcases peaceful lake views, and the high-quality, energy-efficient construction Meritage Homes is known for.
Residents enjoy exclusive access to a private amenity center with a resort-style pool, shaded cabana, pickleball, and sports courts. Inside, the open-concept layout includes a chef-inspired kitchen that flows effortlessly into the great room, dining area, and screened-in covered lanai-perfect for relaxed living and entertaining.
The spacious primary suite is tucked away at the rear of the home, featuring a large walk-in closet and dual vanities that create a spa-like ambiance. Throughout the main living spaces, elegant wood-look tile in a 6" x 36" plank style enhances the home's warmth and modern appeal.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 29, 2025 | Sold | ||
| Sold | |||
| Aug 29, 2025 | In contract | - | |
| In contract | |||
| Jul 18, 2025 | Price Decreased |
$345,000
↓ $5K
(1.4%) | |
| Price Decreased | |||
| Jun 25, 2025 | Price Decreased |
$350,000
↓ $25K
(6.7%) | |
| Price Decreased | |||
| Jun 10, 2025 | Price Decreased |
$375,000
↓ $14K
(3.6%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
About Charlotte
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017