5555 Bright Timber Landing Drive
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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 |
|---|---|---|---|
| Dec 23, 2024 | Sold | ||
| Sold | |||
| Nov 25, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | Listed by Keller Williams Memorial | $975,000 | |
| Listed by Keller Williams Memorial | |||
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Hard to find a luxury home in the STUNNING community of Benders Landing Estates! This fabulous 2-story, 4-bedroom, 4.5 bathrooms home has a full 3-car garage plus an amazing pool and backyard. The interior features a formal dining room, a Study with French doors, and a huge family room with a fireplace and wood flooring. A large kitchen features an oversized granite top island with stainless steel double ovens, gas cooktop, and mcirowave, and opens to the family room and breakfast room. The primary bedroom plus an additional bedroom and full bathroom are downstairs. Upstairs has an open game room, and a separate media room. 2 secondary bedrooms with 2 full baths. Fantastic backyard with custom pool, covered back patio, full sprinkler system, Water softener included. COUNTRY SETTING with private lakes, walking trails, and a resort-style pool. Conveniently located within minutes of The Woodlands, Toll Road, Downtown & much more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017