12700 Terrace Boulevard
About This Property
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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 |
|---|---|---|---|
| Aug 31, 2021 | Sold | ||
| Sold | |||
| Jul 23, 2021 | Listed by Redfin Corporation | $335,900 | |
| Listed by Redfin Corporation | |||
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Beautiful 2 story home in Tuttle Estates in sought after North Plainfield School District. Home features 3 bedrooms and 2 1/2 baths, a 2 story foyer and living room that brings in natural lighting throughout the day. Open layout with kitchen having all SS appliances, corian counters, 42" Cherry cabinets, large eating area and 9ft ceiling overlooking the spacious family room. Hardwood floors in foyer, kitchen area and eating area. New carpeting (2021) in dining area and living room. Master bedroom has vaulted ceiling, private master bath w/garden tub, separate shower and WIC. Enjoy entertaining in your large backyard with paver patio and landscaping that gives you privacy. Great location just minutes from shopping on Rt. 59 and downtown Plainfield. New roof installed 8/2021
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| May 15, 2017 | Sold | ||
| Sold | |||
| Mar 23, 2017 | Listed by Kale Realty | $259,900 | |
| Listed by Kale Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017