101 Academy Terrace
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 3, 2025 | Sold | ||
| Sold | |||
| Nov 8, 2025 | In contract | - | |
| In contract | |||
| Oct 12, 2025 | Price Decreased |
$399,900
↓ $25K
(5.9%) | |
| Price Decreased | |||
| Sep 4, 2025 | Price Decreased |
$425,000
↓ $12K
(2.8%) | |
| Price Decreased | |||
| Jun 6, 2025 | Listed by Dale Sorensen Real Estate Inc. | $437,000 | |
| Listed by Dale Sorensen Real Estate Inc. | |||
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Not your average layout—this 4-bed, 3-bath concrete block home offers two spacious primary suites, perfect for guests or multigenerational living. The fully fenced backyard feels like a hidden retreat, with lush landscaping, 2 sheds, a screened porch & gated access from a second driveway. Inside, you'll discover wood-look tile and laminate flooring throughout, a sleek & stylish kitchen with granite counters, SS appliances, and a tiled backsplash. Updated bathrooms, closet system, and a living room + family room. Metal roof, water softener, covered front porch, the furniture is negotiable too!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017