15223 Cinnamon Teal
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 |
|---|---|---|---|
| Oct 20, 2025 | Sold | ||
| Sold | |||
| Jun 29, 2025 | In contract | - | |
| In contract | |||
| Jun 24, 2025 | Price Decreased |
$305,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| May 21, 2025 | Price Decreased |
$315,000
↓ $10K
(3.1%) | |
| Price Decreased | |||
| May 2, 2025 | Listed by Keller Williams Heritage | $325,000 | |
| Listed by Keller Williams Heritage | |||
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**Motivated Seller** Welcome to 15223 Cinnamon Teal - where comfort, style, and value come together in one unbeatable package! This beautifully upgraded two-story home in the sought-after community of Redbird Ranch is better than brand new-and it shows. With 3 spacious bedrooms, 2.5 bathrooms, and a versatile upstairs loft, this home offers the ideal layout for both everyday living and entertaining. Step inside to discover brand new LifeProof vinyl flooring, fresh paint throughout, remodeled bathrooms, and brand new carpet. The kitchen is a showstopper, featuring high-end stainless steel appliances, granite countertops, and gas cooking-perfect for any home chef. Outside, a well-manicured lawn, stone-accented landscaping, and a concrete patio ready for grilling round out the curb appeal. Enjoy the perks of Redbird Ranch living-two pools, clubhouses, trails, and sports courts-just minutes from the brand-new Potranco H-E-B, Lackland AFB, top-rated Northside ISD schools, shopping, dining, and The Golf Club of Texas. Major perks include: a Tesla Charging Station, new roof, sprinkler system, and all appliances are negotiable. What truly sets this home apart? An incredible VA-assumable loan at a 2.625% interest rate with just an $8,500 gap- which is literally free money in today's market. Schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017