11 Teak Mill Place
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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%.
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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.
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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 14, 2024 | Sold | ||
| Sold | |||
| Jul 30, 2024 | In contract | - | |
| In contract | |||
| Jul 24, 2024 | Listed by RE/MAX The Woodlands & Spring | $470,000 | |
| Listed by RE/MAX The Woodlands & Spring | |||
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Come see this gorgeous single story home on a quiet cul-de-sac street in the fantastic neighborhood of Millport in Alden Bridge of The Woodlands! This versatile floor plan offers 4 bedrooms, a formal dining room, large living area, & spacious breakfast room overlooking the backyard deck & covered porch. The island kitchen has tons of cabinets & counter space, with room for all of your kitchen gadgets, plus it is open to the Family room, which is perfect for entertaining or keeping an eye on the little ones. The Primary suite has beautiful built ins, & the Primary bathroom has been wonderfully updated with a freestanding soaking tub and walk-in shower. The double sinks & vanity plus a walk-in closet complete the perfect package. Easy to clean porcelain wood plank tile throughout the home-no carpet!! Zoned to the highly sought after Buckalew Elementary & TWHS. Easy access to fabulous health care, shopping, restaurants, & all of The Woodlands' fabulous amenities! Refrigerator stays!
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| Oct 5, 2019 | No longer available | - | |
| No longer available | |||
| Aug 30, 2019 | Listed by Keller Williams - The Woodlands | $295,000 | |
| Listed by Keller Williams - The Woodlands | |||
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This was the most popular floor plan when the neighborhood was built, and it still is today, the TOP seller. Expect it to sell FAST. ONE STORY, 4 bedrooms, OPEN floor plan with high ceilings. covered back porch and deck. Private back yard on a quiet cul-de sac street. Many updates and move-in condition. Priced strategically to sell immediately. Schedule an appointment to see it in person TODAY! The manager has listed the unit size as 2222 square feet.
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About The Woodlands
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Last Updated: 4 months ago
Data Source: HAR , MLS# 48557489
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