6 Timberlee Lane
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 |
|---|---|---|---|
| Jul 25, 2024 | Sold | ||
| Sold | |||
| May 23, 2024 | Listed by Keller Williams Realty-Merrimack | $769,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
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With over $75,000 spent on system upgrades and enhancements over the past 5 years, all “big ticket” items are complete – exterior paint (2022), high efficiency boiler (2021), hot water heater (2021), roof (2019), and new septic system (2024). Set in a cul-de-sac neighborhood, this meticulously cared for 4 bedroom/2.5 bath home has everything you are looking for! The fully applianced kitchen (fridge (2024), dishwasher (2021)) has new, stylish vinyl flooring and tile backsplash. Lustrous hardwood floors in living and dining rooms. Newly carpeted (2023) family room offers wood burning fireplace and access to deck overlooking private, tree lined acre. Watch wildlife and the seasons change along the brook that meanders through the abutting acres of town conservation land with miles of trails. All bedrooms have hardwood floors including main bedroom with ensuite bath. Room to add living space in the unfinished lower level. Great location close to schools, Westford center, and sports field.
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| Jul 20, 2007 | Sold | ||
| Sold | |||
| May 25, 2007 | Listed by Keller Williams Realty-Merrimack | $489,000 | |
| Listed by Keller Williams Realty-Merrimack | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017