45 Timberland Drive
About This Property
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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 |
|---|---|---|---|
| Oct 24, 2024 | Listed by REMAX Legends | $339,900 | |
| Listed by REMAX Legends | |||
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Discover this impressive two-story home at Lake Thunderbird, meticulously updated. 3 bedrooms, 3 full bathrooms. Main level boasts master suite with full bathroom. Second story addition, completed in 2022, offers two bedrooms and bathroom. Generous corner lot. Savor the delights of Lake Thunderbird, including a private beach, playgrounds, community center, swimming pool, tennis, pickleball, mini-golf, and picnic grounds, all mere steps from your doorstep. Additional attractions include boating, fishing, nature paths, and year-round community events, with Starved Rock just a 20-minute drive away.
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| Jul 18, 2018 | Sold | ||
| Sold | |||
| May 9, 2017 | Listed by Thomas J. Swan Realty | $95,500 | |
| Listed by Thomas J. Swan Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017