1017 W TERRANOVA Way
About This Property
The kitchen is both functional and elegant, featuring GE Cafe appliances, a large island, and custom cabinetryperfect for hosting friends and family. The adjacent dining room is generously sized and ideal for larger gatherings or intimate dinners. The primary suite is a peaceful retreat with soft soffit lighting, a custom walk-in closet, French doors leading to the pool, and a spa-like bath with thoughtful upgrades including pull-out vanity shelves, soft-close cabinetry, a ceiling fan, and even a niche for a TV.
Two additional bedrooms on the main floor share a full bath and a private wing of the home, while the upstairs bonus room provides flexibility for a fourth bedroom, media space, or guest suite and includes a full bath with tub/shower and a beautiful view of the pond and surrounding neighborhood.
A detached casita, connected by the courtyard, offers a private full bath and walk-in closet, making it the perfect space for a home office, guest suite, or gym. The courtyard itself is one of the home's most admired features, with a European-style fountain and seating area that feels like a peaceful escape.
The beautifully landscaped 85-foot wide lot includes blooming azaleas, camellias, hibiscus, roses, and crape myrtles that provide year-round color, with landscape lighting that highlights the palms in the front and back in the evening. The lanai and pool area is a haven for birdwatchers, with regular visits from cardinals, herons, ducks, hawks, and even the occasional eagle. A waterfall feature connected to the pool pump adds soothing sound to this private outdoor oasis.
Additional features include an extended two-car garage with an epoxy floor and added depth for storage or workshop space, a separate one-car garage attached to the casita, and a built-in Bose speaker system throughout the home and lanai with individual volume controls and family room surround sound.
Located in a prime location near top-rated schools, dining, and historic St. Augustine, this one-of-a-kind home offers both luxury and livability in a truly special setting.
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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.
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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 4, 2025 | Sold | ||
| Sold | |||
| May 3, 2025 | In contract | - | |
| In contract | |||
| Apr 28, 2025 | Relisted | $725,000 | |
| Relisted | |||
| Apr 21, 2025 | In contract | - | |
| In contract | |||
| Apr 18, 2025 | Relisted | $725,000 | |
| Relisted | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017