2351 Teakwood
About This Property
Surrounded by the beauty of the high desert, this home features iconic Joshua trees and offers crisp, refreshing air and starry skies that create a serene and peaceful atmosphere. Whether you're looking for a tranquil retreat or a place to build your dream home, this property delivers the incomparable beauty and charm of the desert.
Embrace the quiet, friendly environment of this unique location and make this property your own!
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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 |
|---|---|---|---|
| Nov 5, 2025 | Sold | ||
| Sold | |||
| Oct 10, 2025 | In contract | - | |
| In contract | |||
| Sep 10, 2025 | Price Decreased |
$125,000
↓ $25K
(16.7%) | |
| Price Decreased | |||
| Jul 24, 2025 | Relisted | $150,000 | |
| Relisted | |||
| Jul 5, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017