426 Teal Road
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 |
|---|---|---|---|
| Jun 13, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | Listed by Keller Williams North Shore West | $449,900 | |
| Listed by Keller Williams North Shore West | |||
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Immerse yourself in lakefront living in this stunning 4 bedroom, 3.5 bathroom home boasting over 2,000 square feet of living space located on Waterford Lake. Imagine waking up to the tranquil beauty of the lake life every morning. Spend your days swimming, fishing, kayaking, or simply enjoying the peacefulness of the waterfront setting. Enter the home and be met immediately by the natural light and spacious rooms, boasting four beautifully finished levels. Envision yourself enjoying a morning coffee with lake views out of your own kitchen! The 2nd level provides 3 amply sized bedrooms and 2 full bathrooms. Located in the primary bedroom is a balcony with simply breathtaking views of the lake. Travel back downstairs to the lower level's large family room complete with a gas-start wood-burning fireplace, walkout slider doors, an additional bedroom (or home office), and a full bathroom. Head to the lowest level, and as if this home didn't have enough, imagine unwinding in the luxury of your own private sauna! The property's expansive indoor and outdoor living areas are a testament to its versatility, featuring a charming paver brick patio set within a generously sized yard. This home is an entertainer's dream, offering ample space for hosting gatherings, a private pier, a beachfront, and the opportunity to create lasting memories with family and friends. Truly a blend of elegance and comfort in a picturesque lakeside setting. Close to shopping, Milburn schools, and major highways, but miles away from all the hustle and bustle, do not miss this incredible opportunity to own a piece of paradise on Waterford Lake.
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| Jul 31, 2017 | Sold | ||
| Sold | |||
| Feb 20, 2017 | Listed by Realty Executives Cornerstone | $329,000 | |
| Listed by Realty Executives Cornerstone | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017