106 Teak Circle
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 |
|---|---|---|---|
| Sep 10, 2025 | Price Decreased |
$550,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Aug 7, 2025 | Listed | $565,000 | |
| Listed | |||
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Six bedroom beauty in Garner NC minutes to downtown Raleigh, major highways and more. Inviting and spacious, this stunning remodel is both light filled with a sense of warmth and coziness. The main level features hardwood floors throughout and large rooms, both formal and informal. The family room with fireplace is open to the spectacular chefs kitchen with all the professional features that will make you want to create and entertain. Enjoy a large center island, six burner gas stove, pot filler, tons of storage, exquisite backsplash and more. Also featured on the main level is a large bedroom and full bath. Extending the living space to the outdoors is a fabulous screened porch and stone patio for you to enjoy hours of comfortable living. Upstairs are 5 bedrooms or 4 and a bonus! The primary bedroom features hardwood floors and a large space to retreat to. The bathroom is both functional and sleek having been completely remodeled recently. You will feel like you are in your own personal dressing room with the oversized closet complete with custom shelving, a mirror and a place for everything. All of this tucked away on a quiet culdesac.
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| Apr 14, 2025 | Listed | $565,000 | |
| Listed | |||
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Welcome to your dream home in Garner, NC! This spacious 2-story home features 6 bedrooms, 3 full bathrooms, and an open floor plan, perfect for families and entertaining. Situated on a quiet cul-de-sac, it offers a large 2-car garage, a huge eat-in kitchen with updated can lights, and a formal dining room. A convenient bedroom with a full bath is located on the first floor.Master suite includes a large walk-in closet and an updated bathroom with granite countertops and new tile. Enjoy a cozy gas fireplace in the living room, hardwood stairs, and walk-in closets throughout.Step outside to an oversized deck and stone patio, overlooking a flat yard and woods. Minutes from Lake Benson, Wake Tech, shopping, and highways, Don't miss out on this beautiful home!
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| Dec 10, 2021 | Sold | ||
| Sold | |||
| Nov 1, 2021 | Listed by Berkshire Hathaway HomeService | $409,900 | |
| Listed by Berkshire Hathaway HomeService | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017