18 Cinnamon Teal Place
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 |
|---|---|---|---|
| Jul 7, 2023 | Sold | ||
| Sold | |||
| May 12, 2023 | Listed by Coldwell Banker Realty | $519,000 | |
| Listed by Coldwell Banker Realty | |||
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HEART OF THE WOODLANDS! Gorgeous well-maintained home located on a cul-de-sac in Alden Woods. Mature trees & lush landscaping give this home great curb appeal. Dramatic 2-story foyer greets you upon entering home with hardwoods throughout most of the 1st & 2nd level. Formal dining/living area has beautiful molding & private home office is just off entry through French doors. Such open living - great for entertaining. Light-filled great room boasts gas fireplace & views to the backyard. The island is the center of this kitchen with updated cabinetry, gas cooktop, light fixtures & stainless appliances. The 2nd level of the home includes a private primary bedroom with sitting area & a gorgeous updated ensuite bath with separate shower and tub. Three additional secondary bedrooms & a full bath complete the 2nd level. Enjoy the great patio in the private backyard. Trails, parks & great schools. Convenient to I-45, shopping & entertainment.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017