68 Timothy 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 |
|---|---|---|---|
| Oct 25, 2023 | Sold | ||
| Sold | |||
| Sep 14, 2023 | In contract | - | |
| In contract | |||
| Jul 30, 2023 | Price Decreased |
$859,000
↓ $40K
(4.5%) | |
| Price Decreased | |||
| Jul 13, 2023 | Listed by Douglas Elliman Real Estate | $899,000 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
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A Pristine Ranch Style Home in the Coveted Town of Jamesport. A Bright, Open and Inviting Home. Situated on a Large Corner Property with .61 of an Acre and Room for Pool. The Home has Over 1500 Sq Ft of Living Space with 3 Bedrooms and 2.5 Baths. Updated Kitchen and Appliances, Flooring and Central Air. Crown Moldings throughout Main Living and Dining Areas. A Full Basement Featuring Bonus Entertainment and Storage Space. 2 Car Attached Garage with Attic Above. Simply a Great Home. Very Close to the Town Beach with Tennis, Basketball Courts, Marina and Boat Launch. Enjoy the Nearby Shoppes, Restaurants, Vineyards and Farmstands. All Just Around the Corner! True North Fork Living. A Must See. Make this Home Yours!
| |||
| Jun 30, 2023 | Listed by Douglas Elliman Real Estate | $859,000 | |
| Listed by Douglas Elliman Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017