9 Timber Wood 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 |
|---|---|---|---|
| Aug 5, 2025 | Sold | ||
| Sold | |||
| Jul 15, 2025 | In contract | - | |
| In contract | |||
| Jun 18, 2025 | Listed by Keller Williams Realty Metropolitan | $699,000 | |
| Listed by Keller Williams Realty Metropolitan | |||
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Stunning custom home on 1.5 acres in the highly desirable secluded Lake Creek Forest community 4/3.5/6. Amazing spaces/open design, walls of windows, staggered neutral wood tile, designer paint, gourmet style kitchen, breakfast island/bar, quartz countertops, stainless appliances, stacked marble backsplash, an abundance of cabinet/counter space, recessed can lighting, new frieze carpet, large family room, formal dining, study, light & bright breakfast, covered back porch, deck w/spectacular backyard views. Two enormous primary suites, both w/modern fixtures, soaking tub and oversized separate showers, two additional bedrooms, newly renovated secondary baths, private game room/flex room upstairs. Six car garage, storage building, oversized driveway, no back neighbors and so much more! CLOSE TO 1488 & I-45. ZONED TO HIGH RATED BUSH ELEMENTARY, MCCULLOUGH JUNIOR HIGH & THE WOODLANDS HIGH. LOW TAX RATE 1.59. NOTE: The seller is a licensed realtor.
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| May 10, 2025 | Price Decreased |
$675,000
↓ $25K
(3.6%) | |
| Price Decreased | |||
| May 1, 2025 | Relisted | $699,900 | |
| Relisted | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017