9480 Timber Point Dr
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 |
|---|---|---|---|
| May 3, 2024 | Sold | ||
| Sold | |||
| Feb 21, 2024 | Listed by LIV Sotheby's International Realty | $1,700,000 | |
| Listed by LIV Sotheby's International Realty | |||
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Nestled in the Timbers at the Pinery, this ranch-style gem blends Colorado's natural beauty w/ city convenience. As you step through the front entry, you're greeted by soaring 12-foot ceilings & artfully designed nooks. The dining room, a bright & massive space, is accentuated by a custom wall, creating an ambiance perfect for lavish dinners & intimate gatherings. The living room, anchored by a floor-to-ceiling stone fireplace w/ a custom mantle, features a 4-panel slider, blurring the lines between the indoors & outdoors. The eat-in kitchen is the heart of the home, white cabinetry, a large island, stainless appliances, gas stove, & quartz countertops complement the farmhouse sink, while a pantry adds convenience & style. The backyard is a true embodiment of Colorado living. Sitting on 3/4 of an acre, the property offers privacy & mountain-like tranquility. Featuring multiple seating options, a fire pit, a massive patio & a hot tub. The primary suite, secluded on one side of the house, is a sanctuary of privacy & luxury. It is a large, bright room w/ seating area, & an ensuite w/ dual sinks, walk-in shower & a massive walk-in closet. On the opposite side of the house, a second living area leads to two generous bedrooms, sharing a hall bathroom. Perfect for guests or family, offering comfort & privacy. The oversized 3-car garage is perfect for vehicles & storage. The garage enters to the "Drop Zone" & adjacent large laundry room equipped w/ a utility sink, blending functionality w/ elegance. Descend to the basement, offering unlimited potential. It includes a large living space, an entertainment area, a wet bar w/ beverage cooler, a setup for a home gym, and a 4th bedroom w/ bathroom. Two unfinished spaces provide opportunities for additional living space. Located in Parker, this home is minutes from restaurants, shopping, & entertainment venues. Embrace the best of Colorado living, where luxury, nature, & convenience harmoniously coexist.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017