1995 TEAL Lane
About This Property
Featuring almost 1600 square feet, 4 bedrooms and 2 bathrooms with additional office/flex space, living room AND den/family room, coffee bar/dinette area/ detached garage and sitting on 1 acre of property, its an absolute GEM for anyone looking for their first home, wanting to downsize, add a property to that portfolio or just simply looking for that simple life.
The rural surroundings will allow you to slow things down a bit and enjoy the fine things in nature, yet still close enough to civilization. Its the best of both worlds! The 1 acre is also the perfect size to maintain but also allow growth. The best part, no HOA to dictate that space! This property offers everything you need, and at a STELLAR price! Rare to find an updated property on acreage at this price! *Appliances to be installed prior to closing
*Buyer's responsibility to perform all due diligence and investigation regarding Buyer's purchase of the Property, including the measurement of the Property Square Footage, permitting, or any other items important to them. Sellers Disclosure, if available is located in the documents tab.
All information pertaining to the property is deemed reliable, but not guaranteed. Information to be verified by the Buyer. Be advised that cameras may exist recording audio and video inside/outside the property, such as ring doorbells.
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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 |
|---|---|---|---|
| May 3, 2025 | Sold | ||
| Sold | |||
| Mar 24, 2025 | Relisted | $259,900 | |
| Relisted | |||
| Mar 17, 2025 | In contract | - | |
| In contract | |||
| Mar 11, 2025 | Price Decreased |
$259,900
↓ $10K
(3.7%) | |
| Price Decreased | |||
| Feb 6, 2025 | Price Decreased |
$269,900
↓ $5K
(1.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017