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11332 Terrace Meadow WAY
About This Property
13322 Terrace Meadow isn't just a home - it's a full-scale lifestyle upgrade. Set on a premium lot in Shadowglen along the golf course and lake, every inch was built and maintained without compromise by its original owners.
Five bedrooms. Four and a half baths. A home theater, private guest suite, heated saltwater pool and spa with Pentair automation, and a sunroom with views that earn their keep. The kitchen? Professional-grade Frigidaire columns (66-inch fridge and freezer), granite counters, glass tile island inlay, and Ravello porcelain floors in a 24"x48" format.
The infrastructure matches the aesthetics: 50-amp EV charging, dual solar attic fans, attic radiant barrier, and whole-house water treatment, because serious buyers notice what's behind the walls too.
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Cap Rate Calculator
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 31, 2026 | Price Decreased |
$829,900
↓ $20K
(2.4%) | |
| Price Decreased | |||
| Aug 9, 2026 | Price Decreased |
$849,900
↓ $29K
(3.3%) | |
| Price Decreased | |||
| Jun 20, 2026 | Price Decreased |
$879,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Apr 16, 2026 | Listed by Keller Williams Realty | $899,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017