11378 Teak Lane
About This Property
Available for the first time in over 27 years, this home boasts a fresh interior with newly painted walls, laminate flooring upstairs, and durable tile flooring downstairs.
Featuring 3 bedrooms and 2.5 bathrooms, this home offers a thoughtful layout. The eat-in kitchen includes a convenient tech nook and a counter bar, ideal for casual dining or multitasking. The open living and dining area seamlessly connects to a large, low-maintenance backyard complete with a covered patio-perfect for entertaining or relaxing.
The primary suite offers a spacious closet and a private en-suite bath, providing a peaceful retreat.
Conveniently located near the 60 and 10 freeways with quick access to the 15 freeway, this home ensures easy commuting. You'll also enjoy close proximity to shopping centers, schools, and entertainment.
Whether you're a first-time buyer or a seasoned investor, this property is a fantastic opportunity. Don't miss your chance to see it-schedule your viewing today!
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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 |
|---|---|---|---|
| Jan 23, 2025 | Sold | ||
| Sold | |||
| Dec 27, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2024 | Relisted | $599,000 | |
| Relisted | |||
| Nov 29, 2024 | In contract | - | |
| In contract | |||
| Nov 11, 2024 | Listed by RE/MAX Galaxy | $599,000 | |
| Listed by RE/MAX Galaxy | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017