847 Timber Lake 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 |
|---|---|---|---|
| Jul 20, 2021 | Sold | ||
| Sold | |||
| Jun 9, 2021 | Listed by RE/MAX Professionals Select | $325,000 | |
| Listed by RE/MAX Professionals Select | |||
| | |||
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Come see this meticulously maintained Eastwood home features 2231 sq ft of living space including 3 large bedrooms, roomy loft, 2.5 baths, voluminous 2-car garage, deluxe master bath, and finished basement! Spacious open concept kitchen overlooks breakfast and family room areas and features huge walk-in pantry, recessed can lighting, expansive island, stainless steel appliances, and beautiful upgraded designer cabinets! Enhanced master bath features exquisite glass door shower and transom window! Backyard features a new fence and pergola perfect for hosting guests and family get-togethers! Home sits on a beautiful lot near Heartland Park. Property is in close proximity to the forest preserve, White Lake, and several parks! This home wont last long!
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| Jun 27, 2017 | Sold | ||
| Sold | |||
| Feb 16, 2017 | Listed by Chris Naatz | $242,990 | |
| Listed by Chris Naatz | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017