11575 Terrawood Ln
About This Property
The expansive eat-in kitchen delivers abundant cabinet and counter space, plus a built-in workstation ideal for homework or home projects. A handy butler's pantry seamlessly connects the kitchen to the dining room, simplifying meal prep and making holiday hosting a breeze.
The upper level features four generous bedrooms and a large den easily converted into a fifth bedroom. The primary suite is a true retreat featuring a cozy gas fireplace, a custom-designed walk-in closet, and plenty of space to relax. Two secondary bedrooms share a Jack-and-Jill bathroom with dual sinks, while a third bedroom enjoys its own private en-suite bath.
The finished basement is an entertainer's dream with a built-in wet bar and ample room for movie nights, game days, and memorable gatherings. Recent upgrades include two new furnaces and A/C, all new flooring, new stair railing, fresh exterior paint, and a fully customized primary closet.
Outside, the large backyard is ideal for outdoor entertaining with a newly added gazebo on the back patio, perfect for summer BBQs, casual hangouts, and relaxing weekends. With its versatile living spaces and modern upgrades, this home checks every box.
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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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 9, 2026 | In contract | - | |
| In contract | |||
| Jan 28, 2026 | Listed | $825,000 | |
| Listed | |||
| Nov 20, 2024 | Listed by Coldwell Banker Realty 44 | $825,000 | |
| Listed by Coldwell Banker Realty 44 | |||
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Welcome to this exceptional family home in the highly desirable Auburn Hills neighborhood. Situated on a quiet cul-de-sac, this stunning two-story residence is truly a gem. As you step inside, you're greeted by a beautifully updated staircase railing, a striking stone entryway, and gleaming hardwood floors throughout. The main level features a formal dining room, a spacious living room, a private study, laundry room, and family room. The expansive eat-in kitchen offers plenty of counter and cabinet space, plus a dedicated workstation area perfect for homework or home projects. Adjacent to the kitchen, the convenient butler's pantry makes meal prep and hosting holiday gatherings a breeze. Upstairs, you'll find five generously sized bedrooms. The luxurious primary suite is a true retreat, with a cozy gas fireplace, a custom walk-in closet, and plenty of space to relax. Two of the secondary bedrooms share a Jack-and-Jill bath with double sinks, while a fourth bedroom boasts its own en-suite bathroom. You'll also discover a versatile craft room or, if needed, a fifth spacious bedroom flooded with natural light. The finished basement is perfect for entertaining, offering plenty of space for older teens, a gaming area, family movie nights, or hosting unforgettable holiday parties with a built-in bar. This home has everything you need for comfortable living and entertaining, making it a must-see!
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| Feb 14, 2008 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017