7 Timber Ln
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 25, 2022 | Sold | ||
| Sold | |||
| Mar 9, 2022 | Listed by Berkshire Hathaway HomeServices Verani Realty | $409,900 | |
| Listed by Berkshire Hathaway HomeServices Verani Realty | |||
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Merrimack Garrison on the market for the first time in 24 years. Easy access to commuter routes, Shopping and the Manchester and Boston Airports. You’ll be wowed by the newly finished hardwood floors and Immaculate kitchen-a cooks dream with granite counter top space, quality cabinets and SS appliances. Formal dining area is perfect for get togethers. Afterwards relax in the spacious living room with hardwood floors and cozy FP. Upstairs are 3 bedrooms with hardwood floors and a full bath. In the LL you’ll find a 25x12 family room-perfect for a movie room. Recent upgrades: roof, exterior paint, windows, doors and efficient natural gas hot water system that provides heat. Enjoy the large yard with mature landscaping, perennial flowers and room for a vegetable garden. Relax in the HOT TUB surrounded by colorful blooms and the patio and fire pit are perfect for your cook outs!
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| May 4, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017