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8240 Tim Tam Trl
About This Property
Surrounded by towering pines, aspens, and natural beauty, the home feels peaceful without feeling isolated. Expansive decks, a charming treehouse tucked among the trees, and thoughtful fire mitigation create outdoor spaces that are both inviting and functional.
Inside, soaring ceilings, dramatic windows, and great architectural lines fill the home with natural light. The spacious layout includes 4 bedrooms, 4 bathrooms, two primary suites, and multiple living spaces that offer flexibility for guests, work-from-home needs, hobbies, or multigenerational living. The lower level features high ceilings, built-ins, a cozy gas fireplace, and generous additional living space.
Over the years, the home has been thoughtfully maintained and updated, including a new Class 4 impact-resistant roof, new septic tank, updated PEX plumbing, newer furnace, well pump, hot water heater, reverse osmosis system, whole-house sediment filter, and fresh exterior paint.
Originally remodeled and expanded in the 1980s, including the addition of the detached garage, the home blends classic mountain character with practical updates and everyday livability.
This is the kind of property that feels tucked into nature while still connected to everything that makes Evergreen special.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017