1901 TEA MINT DRIVE
About This Property
Situated on over an acre with no HOA, this home offers a rare combination of space, privacy, and flexibility. The layout includes a partially finished lower level and a private main-level primary or in-law suite with its own full bathroom, making it ideal for multi-generational living, guest accommodations, or added functionality.
Recent updates throughout the home-including new flooring, fresh paint, and upgraded outdoor living areas-make this property move-in ready with long-term value.
With strong interest and positive feedback following recent showings, the seller has made a decisive adjustment to attract serious buyers and they are prepared to move quickly. Buyers who have previously toured or are actively watching this property are strongly encouraged to take another look-opportunities like this, at this price point and setting, are limited and activity is expected to increase.
This property may qualify for a seller credit of $5,000 towards buyers' closing costs or interest rate buy down. The buyer is not obligated to use Brittany Bobbs of CrossCountry Mortgage to have their offer accepted; however, they must use them to qualify for the credit.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 26, 2026 | Sold | ||
| Sold | |||
| May 23, 2026 | In contract | - | |
| In contract | |||
| May 21, 2026 | Price Decreased |
$724,900
↓ $50K
(6.5%) | |
| Price Decreased | |||
| May 21, 2026 | Relisted | $775,000 | |
| Relisted | |||
| May 6, 2026 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017