5844 TIMBERVIEW DRIVE
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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%.
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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 10, 2024 | Sold | ||
| Sold | |||
| Mar 2, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by RE/MAX Realty Centre, Inc. | $535,000 | |
| Listed by RE/MAX Realty Centre, Inc. | |||
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OPEN HOUSE CANCELLED. This is the one!! Fantastic rambler in sought after Timberview neighborhood in Elkridge. This adorable rambler is full of character and charm! Enter into an inviting family room with wood burning fireplace. Open to a dining and mudroom area with large open kitchen featuring farmhouse sink, granite countertops and LVP throughout the main level. Stunning sunroom addition with beautiful views of the oasis of a backyard. Two secondary bedrooms with an updated full bathroom in the hallway. Primary bedroom with half bath en-suite. Fully finished lower level with walkout access. Large finished family room with second wood burning fireplace. Full bathroom in the basement plus large unfinished storage area with laundry. Detached one car garage for additional storage with large driveway. Private almost half acre backyard perfect for entertaining.
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| Oct 27, 2015 | Sold | ||
| Sold | |||
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About Elkridge
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017