0 Terrace St
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 |
|---|---|---|---|
| Oct 16, 2023 | Sold | ||
| Sold | |||
| Sep 28, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Aug 15, 2023 | Listed by Beautiful Day Real Estate | $260,000 | |
| Listed by Beautiful Day Real Estate | |||
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Attention builders, money maker!!!! Approved lot for a four-unit Townhouse style dwelling. Proposed building is approx 34x88, making each unit approx 22x34 with approx 1496 sf each. It also has a proposed 8 car driveway giving each unit 2 parking places off street. This is a level, grassy lot with frontage on Terrace St. This small, quiet street is the perfect location for condos. Build them as condo's and sell them individually, or make it a 4 unit building to keep and rent, you choose!
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| Jul 28, 2023 | Sold | ||
| Sold | |||
| May 24, 2023 | Listed by Beautiful Day Real Estate | $125,000 | |
| Listed by Beautiful Day Real Estate | |||
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Will need a variance for sf and frontage. Grass lot with a right of way on Snell and frontage on Terrace.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017