70
Map
316 Teaberry Lane
About This Property
The expansive great room with a stone fireplace is framed by a dramatic wall of windows that brings the mountains right into your living room. Whether you are hosting guests or enjoying a quiet morning, the natural light and scenery are unparalleled. From the great room, transition effortlessly to the screened porch, an ideal spot for sunset cocktails or listening to the sounds of the forest. The primary bedroom suite features a large, updated master bath for ultimate relaxation and his/hers closets. A second bedroom on the main level serves perfectly as a private home office or guest suite. The lower level offers a cozy escape and practical utility with 2 bedrooms, a cozy reading nook and a massive storage area and workshop with a dedicated exterior entrance-a dream for hobbyists, woodworkers, or those needing organized gear storage for Big Canoe's nearby hiking trails. Rare for the mountains, this home features a level driveway, making arrivals and grocery hauls a breeze. Beautifully maintained with a NEW ROOF, this home is ready for a new owner. It's time to come home to the beautiful, stress free Blue Ridge Mountains of Big Canoe** There is room to build a garage to the left of the house.** A mandatory $5,000.00 capital contribution fee paid by the purchaser to the Big Canoe Property Owners' Association will be due at closing. Pursuant to Article II, Section 1, Paragraph bb of the Class "A" Covenants for the Big Canoe community, all property transfers are subject to the Big Canoe developer's right of first refusal.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 30, 2026 | Price Decreased |
$525,000
↓ $20K
(3.7%) | |
| Price Decreased | |||
| Sep 16, 2026 | Price Decreased |
$545,000
↓ $5K
(0.9%) | |
| Price Decreased | |||
| Aug 7, 2026 | Relisted | $550,000 | |
| Relisted | |||
| Aug 2, 2026 | In contract | - | |
| In contract | |||
| Jul 11, 2026 | Price Decreased |
$550,000
↓ $20K
(3.5%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017