7109 Timberline Drive
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 31, 2025 | Sold | ||
| Sold | |||
| Sep 22, 2025 | In contract | - | |
| In contract | |||
| Sep 5, 2025 | Price Decreased |
$299,000
↓ $11K
(3.6%) | |
| Price Decreased | |||
| Aug 14, 2025 | Price Decreased |
$310,000
↓ $9K
(2.8%) | |
| Price Decreased | |||
| Jul 23, 2025 | Listed by Fathom Realty, LLC | $319,000 | |
| Listed by Fathom Realty, LLC | |||
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Charming 3-Bedroom, 2-Bath Home in Rowlett – Just Minutes from Lake Ray Hubbard!
Nestled in the heart of Rowlett, this inviting 3-bedroom, 2-bathroom home offers a perfect blend of comfort and convenience. Located just minutes from the scenic Lake Ray Hubbard, residents will enjoy easy access to boating, fishing, and waterfront recreation.
This spacious home features an open-concept layout with a cozy living area, perfect for both family gatherings and quiet evenings. The kitchen is fully equipped with modern appliances, ample cabinetry, and a breakfast nook that leads to a private backyard—ideal for outdoor entertaining or relaxing.
The master suite is a peaceful retreat with an en-suite bathroom, while the additional two bedrooms are generously sized, perfect for family, guests, or a home office. Both bathrooms are thoughtfully designed, providing modern fixtures and plenty of space.
The large backyard offers endless possibilities, whether you’re looking to create a garden oasis or enjoy outdoor activities with loved ones.
With quick access to major highways, shopping, dining, and just a short drive to the lake, this home offers the ideal blend of tranquility and convenience. Don’t miss your chance to live in this fantastic Rowlett neighborhood!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017