5 Timberwood 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 |
|---|---|---|---|
| Apr 9, 2024 | Sold | ||
| Sold | |||
| Mar 1, 2024 | Listed by Hardy Realty and Development Company | $240,000 | |
| Listed by Hardy Realty and Development Company | |||
| | |||
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Come embrace the joy of slow mornings and peaceful evenings on this inviting front porch - a feature that truly enhances this home's curb appeal. Nestled in the serene Ridgewood Estates subdivision in Silver Creek, this meticulously maintained home offers 3 bedrooms, 2 bathrooms, and 1,464 square feet of living space. As you step into the home, you are greeted with a spacious living area that exudes warmth and character. With a beautiful rock fireplace, wooden ceiling beams, and gorgeous original hardwood floors, this room is perfect for cozy gatherings. The master on the main level offers a walk-in closet, double vanity sinks, a deep soaking tub, and a walk-in tile shower. The additional two bedrooms are located upstairs with one enhanced bathroom that has recently been updated with new flooring. The kitchen has been upgraded as well and offers stainless steel appliances, ample counter space, and plenty of additional space for a breakfast room for your morning coffee. Pair all of this with the ample storage space that the home provides to keep your sanctuaries clutter-free and you have a residence that truly stands out from the rest. This property represents a rare opportunity to own a cared-for home that only knows one owner. Don't miss out on being the second - Schedule your showings today!
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| Sep 11, 1979 | Sold | ||
| Sold | |||
| Feb 7, 1979 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017