12508 Terra Nova LN
About This Property
The main level offers flexible living with multiple bedrooms. Upstairs, you'll find an oversized primary suite built for recharging, plus a second bedroom with its own full bathroom-perfect for a busy crew or anyone who likes a little extra privacy.
Laminate wood flooring runs throughout (no carpet anywhere), and vaulted ceilings bring in natural light and a sense of openness. Recent smart upgrades include a newer HVAC system, energy-efficient windows, and a modern alarm system for added comfort and peace of mind.
The backyard is shaded, spacious, and hot-tub ready with pre-installed hookups. The icing on the cake is: a powered shed with A/C-just waiting to become your home office, creative studio, backyard bar, or quiet escape.
Located minutes from The Domain, major highways, hospitals, and the Apple campus-with low property taxes to top it off-this home is move-in ready but still full of possibility. It's not just a place to live-it's a place to land, grow, and make entirely your own.
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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 |
|---|---|---|---|
| Dec 2, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$540,000
↓ $9K
(1.6%) | |
| Price Decreased | |||
| Oct 3, 2025 | Price Decreased |
$549,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Aug 27, 2025 | Price Decreased |
$559,000
↓ $16K
(2.8%) | |
| Price Decreased | |||
| Jun 4, 2025 | Listed by eXp Realty, LLC | $575,000 | |
| Listed by eXp Realty, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017