6464 TIMBERWIND PLACE
About This Property
A standout feature of this home is its dedicated workshop, ideal for hobbyists or additional storage. But what truly sets this home apart is its innovative, energy-efficient design that once made headlines in the local newspaper. Built as a "Super Saver Energy Home", it features clerestory windows in the great room that capture the sun's warmth in winter, which is then absorbed by the massive brick fireplace wall-radiating cozy heat in the evenings. Two attic fans (currently disconnected but can be reconnected) were also installed to promote airflow throughout the home, further enhancing its natural energy efficiency.
This property combines sustainable living with timeless style and plenty of outdoor space. A true hidden gem with unique history and modern comforts, ready to welcome its next proud owner.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017