7030 Timber Edge Lane
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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%.
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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 |
|---|---|---|---|
| Nov 9, 2020 | Sold | ||
| Sold | |||
| Oct 1, 2020 | Listed by Kelly Simon Properties | $299,000 | |
| Listed by Kelly Simon Properties | |||
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A beautiful and LARGE 1.5 story home with all bedrooms down & spacious game room up. This Perry home was built specifically for it's big corner lot. A NEW roof will installed before closing AND the A/C unit was replaced last year! Great floor plan offers flex space downstairs, formal dining, large island kitchen with granite counters with lots of counter & cabinet space, spacious family room, large master, Jack & Jill bathrooms for 2 secondary bedrooms, huge game room on the second floor, covered patio & detached garage with extra space for storage and extra wide driveway. The close proximity to FM 1960 and Beltway 8 make for an easy commute, and plenty of shopping and restaurants for added convenience.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017