1879 Teakwood Way
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 |
|---|---|---|---|
| Aug 1, 2024 | Sold | ||
| Sold | |||
| Jun 27, 2024 | Listed by Keller Williams Realty | $1,095,000 | |
| Listed by Keller Williams Realty | |||
| Jul 29, 2017 | Listed | $521,000 | |
| Listed | |||
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Beautiful property in gated Rancho Montecito. Very low HOA. Great flowing 3 bedrooms and 2 ½ bathrooms in this popular model. Beautiful remodeled master bathroom with dual sinks and two closets. Composition roof, and gas fireplace in the living room. Ceiling fans everywhere. Spacious backyard along with a view of the mountains from two of the bedrooms. Walking distance to shopping. The manager has listed the unit size as 1810 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017