9 Timber Lane
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 |
|---|---|---|---|
| Jan 10, 2022 | Sold | ||
| Sold | |||
| Oct 28, 2021 | Listed by Coldwell Banker Realty | $679,000 | |
| Listed by Coldwell Banker Realty | |||
| Sep 11, 2021 | No longer available | - | |
| No longer available | |||
| Aug 24, 2021 | Price Decreased |
$689,000
↓ $36K
(5%) | |
| Price Decreased | |||
| Aug 6, 2021 | Listed by Coldwell Banker Realty | $725,000 | |
| Listed by Coldwell Banker Realty | |||
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Turn onto Timber Lane and escape to your country home in the city! This updated home on Northbrook's most sought after private lane will be your year round retreat whether you are relaxing on your screened-in porch listening to nature or enjoying winter in front of your stone fireplace. The 2 story addition built in 1995 gave this charming home exactly what it needed to fit today's lifestyle - the open concept family room, serene screened-in porch and a 2nd floor primary bedroom with generous closet space and private bathroom with a walk in shower and double vanity. The kitchen is a cook's dream! Entertain family and friends and create your favorite dishes with a brand new cooktop, 2 brand new ovens, tons of cabinetry and counter space that ends with a seating area open to the family room. The large dining room joins the area to make entertaining a breeze. The flexible floor plan gives you a first floor office or guest bedroom and a formal living room set away from the family room to let you create your own personal space. So many important features complete this home. You'll love the nooks and crannies found in the 2 additional upstairs bedrooms including a walk-in attic that is very useful as an additional closet or storage room. The walk-out basement has a tiled recreation area, a big laundry room, a complete workshop and lots of additional storage. It is hard to believe you are a short walk to downtown Northbrook when you live on this private but very family friendly lane that only a lucky few get to enjoy. Come experience the quiet and calm ambiance of Timber Lane! The manager has listed the unit size as 2512 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017