30
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12 Terry Dr.
About This Property
Set on a beautifully landscaped half acre, the home is designed for seamless indoor-outdoor living. The open-concept interior is flooded with natural light, featuring a chef's kitchen that flows effortlessly to the dining and living areas, highlighting views of the backyard oasis. Outside, relax in the heated pool, outdoor shower, or firepit lounge, or entertain on the spacious deck with retractable awning and covered dining area.
With five generous bedrooms, including primary suites on both the first and second floors, the home accommodates guests in style. The upstairs suite features a gas fireplace and covered balcony. The fully finished lower level includes a media room with theater seating, a versatile den or gym with yard access, and a fifth bedroom with a large hall bath.
Step inside and start enjoying the best of Shelter Island living.
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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 |
|---|---|---|---|
| Aug 26, 2026 | Price Decreased |
$2,800,000
↓ $150K
(5.1%) | |
| Price Decreased | |||
| Mar 27, 2026 | Listed by Daniel Gale Sothebys Intl Rlty | $2,950,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
| Nov 14, 2025 | Sold | ||
| Sold | |||
| Jul 22, 2025 | In contract | - | |
| In contract | |||
| Jun 27, 2025 | Listed by Daniel Gale Sothebys Intl Rlty | $2,799,000 | |
| Listed by Daniel Gale Sothebys Intl Rlty | |||
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Located in the desirable Harborview area of Shelter Island, this stunning modern farmhouse offers the perfect blend of luxury, comfort, and coastal living. As a member of a private waterfront association just one and a half blocks away, enjoy easy access to kayaking, boating, and beach front.
Set on a beautifully landscaped half-acre, this meticulously maintained property is designed for indoor-outdoor living. The open-concept interior is flooded with natural light from oversized windows that frame views of the expansive backyard oasis. Outside, enjoy a heated Gunite pool, outdoor shower, firepit lounge area, spacious deck with a seating area with a retractable awning, and a covered dining area ideal for al fresco entertaining.
With five generous bedrooms, this home easily accommodates everyone. Both the first and second floors feature primary bedroom suites, with the upstairs suite including a gas fireplace and opening to a private covered balcony. The fully finished lower level includes a media room with theater seating, a versatile den/gym with direct access to the yard, and a spacious fifth bedroom with a large hall bath.
This exceptional property is move-in ready—your Shelter Island lifestyle begins here.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017