9535 Timberlane
About This Property
The main level centers around a wood beam cathedral ceiling, fireplace, and a kitchen built for large gatherings: large island, breakfast nook, and dining area with direct access to a covered patio, putting green, and entertaining space. A spiral staircase leads down to the pool.
Upstairs has two bedrooms and a primary suite with a private sunroom. The lower level is fully self-sufficient, offering a second primary bedroom, private bathroom with shower, bar with sink, walk-in closet, laundry, wood-burning stove, and an enclosed jacuzzi patio that opens to the pool. With its own private entrance, it functions as a guest suite or potential rental income opportunity.
The backyard is fully loaded: pool and bar area, half-court basketball, horseshoe pit, raised garden beds, chicken coop, and multiple seating areas, all behind a fully fenced lot with an iron gate with automatic opener, adding an extra layer of privacy and security, and a circular driveway. An RV garage connected to a two-car garage, separate workshop, and storage sheds on concrete pads round out the property, which also accommodates horses. Versatile, well-maintained, and built to impress.
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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 11, 2026 | Sold | ||
| Sold | |||
| Apr 22, 2026 | Price Increased |
$685,000
↑ $35K
(5.4%) | |
| Price Increased | |||
| Apr 22, 2026 | In contract | - | |
| In contract | |||
| Apr 7, 2026 | Listed by First Team Real Estate-HighDes | $650,000 | |
| Listed by First Team Real Estate-HighDes | |||
| Oct 17, 2025 | Price Decreased |
$685,000
↓ $15K
(2.1%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017