204 Teal Lane
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 |
|---|---|---|---|
| Sep 25, 2026 | Listed by Gulf Coast Dream Team | $92,000 | |
| Listed by Gulf Coast Dream Team | |||
| Mar 12, 2026 | Temporarily off market | - | |
| Temporarily off market | |||
| Feb 2, 2026 | Listed by NB Elite Realty | $149,900 | |
| Listed by NB Elite Realty | |||
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Waterfront Living on Trinity Bay – Perfect Weekend Getaway or Full-Time Retreat. Discover coastal living in the sought-after White Heron Subdivision, a charming waterfront community on Trinity Bay. This beautifully maintained property offers access to a private boat ramp and pier, making it ideal for boating, fishing, and bayfront relaxation. The home features a new roof installed in May 2021 and a quaint, open floor plan with a vaulted ceiling in the main living area and kitchen, creating a bright and airy feel. Enjoy the convenience of two covered carports with ample space for vehicles and boats. Step outside and take advantage of generous outdoor living spaces with scenic water views—perfect for entertaining or unwinding after a long day. Offering exceptional value, this property is an excellent opportunity to own a waterfront home on Trinity Bay.
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| Aug 9, 2021 | Sold | ||
| Sold | |||
| May 6, 2021 | Listed by Coldwell Banker Realty | $107,500 | |
| Listed by Coldwell Banker Realty | |||
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Looking for that week end getaway? - White Heron Subdivision fronts Trinity Bay - It is a beautiful area that offers residents a boat ramp and pier plus perfectly maintained grounds - Brand new roof installed 5/3. Windstorm inspection has been filed and the Certificate is on it’s way - Seller is including appliances - 2-window units - propane heater, - propane tank on the east side of the home, plus a washing machine and dryer in the downstairs storage area - Updated electrical, water heater, and bathroom - Quaint floor plan with a vaulted ceiling in the main living area and kitchen - 2 carports allow covered parking for cars and boats - elevator - Outdoor lighting - A great value for the price - Come and be a part of this waterfront community.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017