8622 TIMBER LODGE
About This Property
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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%.
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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 |
|---|---|---|---|
| Aug 2, 2023 | Sold | ||
| Sold | |||
| Jun 16, 2023 | Listed by Brigette Neal | $285,000 | |
| Listed by Brigette Neal | |||
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This adorable, well-maintained 3-bedroom, 2.5-bath home is located in Silver Creek, a neighborhood within the Great Northwest area. The house features an open floor plan with plenty of natural light, creating a bright and welcoming atmosphere. The primary bedroom is conveniently situated on the ground floor, providing easy access and privacy. One of the notable features of this home is the wood-look ceramic tile, which adds an elegant touch to the interior. The large backyard deck is perfect for outdoor entertaining or simply enjoying the beautiful surroundings. The property is situated on a private lot that backs onto a greenbelt, offering a peaceful and scenic view. Inside, you'll find a spacious loft on the upper floor, which can be used as a versatile living space or home office. The loft benefits from ample natural light, creating a pleasant and inviting area. The home also boasts a large pantry, providing ample storage space for your kitchen essentials, stainless appliances and ample cabinet space. Additionally, a fireplace adds warmth and charm to the living area, making it a cozy spot for gatherings or relaxing evenings. Overall, this home offers a comfortable and inviting living space, with features that enhance both functionality and aesthetics. Recently replaced entire HVAC system.
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| Aug 3, 2015 | Sold | ||
| Sold | |||
| Jun 11, 2015 | Listed by Coldwell Banker D'Ann Harper, REALTOR | $152,900 | |
| Listed by Coldwell Banker D'Ann Harper, REALTOR | |||
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Wonderful opportunity for move-in ready home. Fresh paint almost throughout home. Situated on a quiet street in desirable Silver Creek and is close to shopping, dining & major roadways. A new roof & new gutters (partial) are due to be installed on/about June 12, 2015. Do not miss this opportunity!
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| Sep 22, 2006 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017