1320 Teal Avenue
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 |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Nov 11, 2025 | In contract | - | |
| In contract | |||
| Oct 24, 2025 | Relisted | $589,000 | |
| Relisted | |||
| Oct 15, 2025 | In contract | - | |
| In contract | |||
| Sep 29, 2025 | Listed by Merrill & Associates Real Estate | $589,000 | |
| Listed by Merrill & Associates Real Estate | |||
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Welcome to 1320 Teal Avenue, a stunning and sophisticated home located in the Quail Run community of Paso Robles — a 55+ neighborhood! Set on a spacious 7,000+/- sqft lot, this beautifully updated manufactured home features 2 bedrooms, 2 bathrooms, and 1,856+/- sqft of thoughtfully designed living space. Step inside the family room filled with natural light from a multitude of windows and soaring cathedral ceilings accented by exposed wood beams. The layout flows into an informal dining area, and a well-appointed kitchen. The kitchen boasts soft-close cabinetry, designer solid-surface countertops, a walk-in pantry, and a stainless-steel appliance package for those who love to cook and entertain. Overlooking the kitchen is a welcoming living room with a sliding glass door that opens to the front porch for relaxing and enjoying your morning coffee. A charming foyer area leads to the backyard, while the home’s layout offers two private primary suites, each with its own bathroom. The indoor laundry room includes direct access to one of the bedroom suite’s walk-in closets for added convenience. Throughout the home, custom-milled siding and trim lend a touch of craftsmanship and sophistication. The outdoor spaces are equally impressive. The expansive lot features a brick patio shaded by a mature elm tree, garden beds, and a serene atmosphere that creates a retreat-like setting. The side yard includes a shed equipped with cabinetry and a sink for additional storage or workspace. Completing this beautiful property is a detached 2-car garage. Residents of Quail Run may enjoy access to a host of amenities just across the street, including a clubhouse, pool, spa, tennis courts, shuffleboard, and horseshoe pits, plus designated RV parking for those in need. With modern upgrades, elegant design, and a vibrant community setting, 1320 Teal Avenue embraces the charm of Paso Robles Living.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017