288 Cinnamon Teal Drive
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 |
|---|---|---|---|
| Dec 11, 2024 | Sold | ||
| Sold | |||
| Nov 10, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Price Decreased |
$629,900
↓ $19K
(2.9%) | |
| Price Decreased | |||
| Sep 13, 2024 | Price Decreased |
$649,000
↓ $20K
(3%) | |
| Price Decreased | |||
| Jun 7, 2024 | Listed by RE/MAX Elite Group | $669,000 | |
| Listed by RE/MAX Elite Group | |||
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Escape from the rat race, come live in paradise! The Hills Above Possum Kingdom is a gated community, and this home is only a short walk or drive to the dock, infinity pool or workout center. No steps! Newer home at Possum Kingdom Lake, perfect as a retirement home or second home. Immerse yourself in comfort, style, and convenience. Beautifully crafted ranch that offers timeless elegance with its Austin stone exterior. Modern features abound, from the sleek fireplace to the porcelain bath walls and 8' tall doors. The open floor plan seamlessly unites the great room, eat-in kitchen, and dining area. Vaulted wood lined ceiling, beautiful wood flooring & double iron front door. Flex rooms flank the foyer, enhancing the well-designed layout. Discover a private primary suite, separate from the thoughtful arrangement of the laundry room, half bath, and pantry. On the opposite wing, two bedrooms await, with the option for a third if desired, accompanied by a main bath. Covered patios invite relaxation. Engineered tension cable foundation with 24 inch deep footings grid all throughout the slab. 2 x 6 exterior walls, R19 Blanket Insulation, Exterior Wall Sheeting Board for construction integrity, Zip System Flashing, Engineered hard wood floors, & more!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017