1012 Terrace View Drive
About This Property
Step into a fully remodeled kitchen featuring quartz countertops, custom cabinetry, under-cabinet lighting, Whirlpool appliances, and a premium 10-inch deep stainless steel sink. The kitchen flows seamlessly into the main living and dining areas, which are filled with natural light from large picture windows and enhanced by luxury vinyl plank flooring and designer light fixtures. French doors open to an extended concrete patio and a secondary flagstone patio, creating an ideal outdoor living space.
Both bathrooms were completely remodeled in 2024 with a curbless shower and rain shower head in the primary, elegant tile work, updated vanities, new hardware, mirrors, and USB charging outlets. The primary suite includes a custom walk-in closet, large windows, and plush new luxury carpet. Additional features throughout the home include redesigned closets in all bedrooms, added shelving in the pantry and laundry room, recessed lighting in the kitchen, dining, and office, upgraded ceiling fans, and freshly painted interiors including the garage.
Other updates include a new Class 4 shingle roof, new gutters, a repainted fence, new water heater, garage door opener, and a new ¾ HP garbage disposal. The yard is professionally landscaped with new Zoysia sod in the front and side yards, brick flower bed edging, and a perennial garden that adds year-round charm.
Located on a quiet, established street, 1012 Terrace View Drive is the perfect blend of quality updates and timeless comfort. Schedule your private showing today to experience everything this exceptional home has to offer.
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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 |
|---|---|---|---|
| May 23, 2025 | Sold | ||
| Sold | |||
| May 11, 2025 | In contract | - | |
| In contract | |||
| Apr 18, 2025 | Listed by Williams Trew Real Estate | $344,000 | |
| Listed by Williams Trew Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017