515 Timberline 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 |
|---|---|---|---|
| Jun 17, 2024 | No longer available | - | |
| No longer available | |||
| May 20, 2024 | In contract | - | |
| In contract | |||
| May 16, 2024 | Listed by United Real Estate Solutions | $324,900 | |
| Listed by United Real Estate Solutions | |||
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This Seymour home is situated in a lovely neighborhood, filled with mature trees, and offers great proximity to Knoxville, Maryville, and Sevierville. The front of the home offers a spacious yard, as well as a large covered patio, making it a great place to start your day with a cup of coffee, or end it with a glass of wine. Step inside this one-level ranch home and you'll appreciate all of the natural light within. Upon entry, you'll find yourself in the cozy living area, which offers a view of the front yard, through two large windows. Just beyond, your eyes will be drawn to the brick fireplace at the center of your dining dining area. With the kitchen nearby, this is a wonderful space to gather, and make memories of your own. Down the hallway, you'll find a guest bathroom and two sizeable bedrooms, perfect for visitors or even an office workspace. At the end of the hall, you'll find the primary bedroom, complete with an en-suite bathroom, and a nice view of the backyard. As you head back through the dining area, you'll step out of your sliding door and find yourself on the elevated back deck. This deck offers a great view of the large backyard and fire pit. The yard is enclosed by a wooden privacy fence, complete with oversized gates, making it ideal for access and more. This lovely home is turn-key and ready for a new owner. This home is located close to the 411 Speedway track, in a USDA 100% financing eligible area, and includes the refrigerator, chest freezer, and a two-year-old complete Solar Titan/Generac 6kW solar power system. The solar system is complete with panels affixed to the roof, is not currently functioning, and it is unknown what is needed to bring the system to working condition. All listing Information provided deemed reliable but not guaranteed, buyer to verify all, including restrictions and HOA status. The manager has listed the unit size as 1296 square feet.
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| Feb 14, 2018 | Sold | ||
| Sold | |||
| Dec 14, 2017 | Listed by Keller Williams Realty | $139,900 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017