5510 Bright Timber Landing 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 1, 2024 | Sold | ||
| Sold | |||
| Feb 16, 2024 | In contract | - | |
| In contract | |||
| Feb 7, 2024 | Relisted | $1,245,000 | |
| Relisted | |||
| Jan 13, 2024 | In contract | - | |
| In contract | |||
| Sep 1, 2023 | Listed by Jolly Realty Group | $1,245,000 | |
| Listed by Jolly Realty Group | |||
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Brand new home finished with Modern touches. Home interior drenched in natural light using oversized & extra windows as well as 2 story ceiling. Marble tile in master bath with oversized shower. 2nd floor study has tall windows overlooking wooded back yard. Other room can be used for home gym, craft or 2nd study. Massive island with bar seating. Pantry has counter and plugs for small appliances to keep your kitchen clutter free. Rear patio includes an outdoor kitchen with a grill and wired for TV. Exterior has painted brick with natural grey stone.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017