63 Timber 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 |
|---|---|---|---|
| Mar 19, 2018 | Sold | ||
| Sold | |||
| Jan 31, 2018 | Listed by RE/MAX Real Estate Center | $34,000 | |
| Listed by RE/MAX Real Estate Center | |||
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Large home with additions, plenty of room to spread out! Bathroom has been updated nicely. A second bedroom could be added by restoring door removed from extra room. 3 season porch and shed...close to Wareham Crossing, Walmart, Cape Cod Canal, highways, beaches, boating, and all amenities. The park maintains a nice outdoor pool for use by residents. Subject to sellers finding suitable housing.
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| Jul 30, 2017 | Listed | $44,900 | |
| Listed | |||
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Large home with additions, plenty of room to spread out! A second bedroom could be added by restoring door removed from extra room. 3 season porch and shed...close to Wareham Crossing, Walmart, Cape Cod Canal, highways, beaches, boating, and all amenities. The park maintains a nice outdoor pool for use by residents. Owners ready to move on, will consider all reasonable offers.The manager has listed the unit size as 1750 square feet.
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| Mar 8, 2011 | Sold | ||
| Sold | |||
| Dec 16, 2010 | Listed by Upper Cape Realty Corp. | $19,500 | |
| Listed by Upper Cape Realty Corp. | |||
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Much below market value (owner ready to sell) 0 owner ready
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