8615 TIMBER RANCH
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 |
|---|---|---|---|
| Feb 13, 2024 | Sold | ||
| Sold | |||
| Jan 8, 2024 | Listed by Keller Williams Heritage | $315,000 | |
| Listed by Keller Williams Heritage | |||
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Welcome to 8615 Timber Ranch, a gem nestled in the sought-after Silver Creek community. This inviting home showcases 4 bedrooms and 2.5 baths. It boasts dual living and dining areas, a modernized kitchen with upgraded countertops, and stainless steel appliances, including a range stove. Retreat to the spacious master suite, complete with a renovated en-suite bathroom, a walk-in shower, and a generous closet. All secondary bedrooms offer the convenience of walk-in closets. For those who love to host, the backyard provides the perfect setting. Recent updates include new upstairs carpeting from October 2021, a 5-year-old HVAC system, and flooring refreshes in 2021. The roof was also replaced in 2015. Step into a home that perfectly blends comfort and modern amenities. The furniture in the home conveys.
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| Jan 6, 2024 | No longer available | - | |
| No longer available | |||
| Dec 2, 2023 | Price Decreased |
$330,000
↓ $5K
(1.5%) | |
| Price Decreased | |||
| Oct 17, 2023 | Price Decreased |
$335,000
↓ $4K
(1.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017