7885 Timberline Overlook
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 |
|---|---|---|---|
| May 27, 2022 | Sold | ||
| Sold | |||
| Apr 22, 2022 | Listed by Anchor Real Estate Advisors, LLC | $420,000 | |
| Listed by Anchor Real Estate Advisors, LLC | |||
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A beautiful home on a great lot in the very sought after community of Timberline at Lake Lanier in the NEW East Forsyth School District. This home has an inviting rocking chair front porch, you can sip your sweet tea while enjoying the view. This very well maintained home has 4 bedrooms and 3 FULL baths with an additional BONUS room that can easily be used as a media room, play room, game room or extra bedroom. The master Bedroom is oversized and boasts tray ceilings and decorative trim. The master bath garden tub is perfect for an end of the day retreat. This home has the ideal blend of open concept and traditional living space. This home sits on roughly half an acre and includes a fenced backyard and patio that is ideal for gatherings and BBQ's. The neighborhood amenities include a pool, tennis and a playground for the littles. This neighborhood has mature vegetation, lots of lush greenery and beautiful long driveways. This home is conveniently located near many parks, trails, award winning schools and lake Lanier.
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| Jul 31, 2000 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017