5121 Timber Springs
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 |
|---|---|---|---|
| Mar 8, 2020 | No longer available | - | |
| No longer available | |||
| Jan 13, 2020 | Listed | $289,900 | |
| Listed | |||
| | |||
|
Outstanding Armadillo Built Story and one half home. 3 or 4 bedroom 2.5 bath home with many upgrades, Former Model Home is ready for your buyers! Great open concept living, eating, and kitchen areas. Separate main floor Flex room with beautiful wood laminate floor c/be used as Dining rm, Play rm, or office. Upstairs Flex room would make a great media room or 4th bedroom complete with that 1/2 bath. Use your imagination on this Great Home. The manager has listed the unit size as 2542 square feet.
| |||
| Jun 8, 2015 | Sold | ||
| Sold | |||
| Feb 17, 2015 | Listed by Bielefeld-Klepac, Inc., REALTO | $240,000 | |
| Listed by Bielefeld-Klepac, Inc., REALTO | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017