129 TEAL POINTE Lane
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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.
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 21, 2024 | Sold | ||
| Sold | |||
| Apr 1, 2024 | Listed by DOUGLAS ELLIMAN FLORIDA | $2,750,000 | |
| Listed by DOUGLAS ELLIMAN FLORIDA | |||
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Palatial Estate home located in the Peninsula section of Marsh Landing Country Club, this exquisite estate home boasts unparalleled luxury and convenience. Situated mere minutes from the country club, its location offers unrivaled access to an array of amenities. From multiple beach clubs, upscale shopping, and gourmet dining, every indulgence is within reach. The home itself exudes sophistication, with curb appeal that captivates at first glance. Its meticulously manicured grounds and stunning architecture set the stage for an unparalleled living experience. Inside, opulent finishes and thoughtful design elements create an atmosphere of elegance and comfort. Spacious living areas are perfect for entertaining, while private retreats offer sanctuary after a day of leisure. This estate home in Marsh Landing Country Club epitomizes luxury living at its finest. A Social Initiation to Marsh Landing Country Club is Included.
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| Apr 7, 2014 | Sold | ||
| Sold | |||
| Jan 1, 2014 | Listed by RE/MAX UNLIMITED | $1,300,000 | |
| Listed by RE/MAX UNLIMITED | |||
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About Palm Valley
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017