11 Teaberry Lane
About This Property
This home is located in a picturesqe wooded lot, and sits on 1.77 acres of land! With a little TLC, this is a great home!
The home boasts a large living room, dining room, Sitting room with a wood fireplace, open concept kitchen, 4 ample bedrooms, and 3 full baths.
New roof and many maintenance items were addressed as a result of a due dilligence inspection by the seller a year ago!
Outside the kitchen, there's a huge covered 3 season porch, which is about 10 ft X the length of the home!
On the grounds, there's a gazebo, a working firepit for outdoor cookouts, a natural fish pond, and a covered room for planting. Too many features to list!
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Cap Rate Calculator
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 2, 2023 | Sold | ||
| Sold | |||
| Oct 31, 2022 | Listed by RE/MAX New Beginnings Realty-Whiting | $449,000 | |
| Listed by RE/MAX New Beginnings Realty-Whiting | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017