7406 Teaswood Drive
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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%.
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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 15, 2023 | Sold | ||
| Sold | |||
| May 31, 2023 | Listed by Keller Williams Advtge Realty | $1,200,000 | |
| Listed by Keller Williams Advtge Realty | |||
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Exquisite living experience in this stately, recently remodeled home. Located in the coveted community of Teaswood Reserve- a four-entry, camera guarded, gated community on 520 acres with luxury homes and natural beauty. Private gate & private drive. Upon entry you are greeted by an opulent formal dining & living room that features soaring ceilings and two gas fireplaces, one at each end. Enter the casual living, dining and kitchen area through a massive doorway. Kitchen has two refrigerators, two Zline stoves & two Zline dishwashers + a beautiful double island w/ quartz countertops. There are so many wonderful features, too many to list here. Make sure you download the attached information sheet that lists more features. 894 sf garage apartment, port cochere, ADA friendly in designated areas, travertine marble floors in formal living/dining. Primary w/ huge oversized walk-in closet w/ vanity & its own washer/dryer + heated bathroom floors. Lushly landscaped. Truly a dream come true!
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| Feb 21, 2023 | Sold | ||
| Sold | |||
| Jan 19, 2023 | Listed by Texas Preferred Properties,Inc | $1,299,888 | |
| Listed by Texas Preferred Properties,Inc | |||
| Sep 17, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017