7041 Timber Creek Trail
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 |
|---|---|---|---|
| Aug 3, 2022 | Sold | ||
| Sold | |||
| Jun 21, 2022 | Listed by Real Estate Experts | $265,000 | |
| Listed by Real Estate Experts | |||
| Oct 30, 2021 | No longer available | - | |
| No longer available | |||
| Oct 16, 2021 | In contract | - | |
| In contract | |||
| Oct 8, 2021 | Listed by Real Estate Experts | $259,900 | |
| Listed by Real Estate Experts | |||
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Beautifully maintained one level home with a chic farmhouse vibe on a fantastic private, quiet lot. The owners have transformed this home. The renovated kitchen will knock your socks off w/all new black SS appliances, quartz countertops, new cabinets, lighting, you name it! Wait till you see the hardwood floors – Wow! And the refinished hall bath! And more, all new plumbing, electrical & new roof, HVAC system & water heater. You want beautiful and well maintained, you found it! The manager has listed the unit size as 1972 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017