1354 Terrace Dr
About This Property
The kitchen is bright, beautifully updated, and modern! Showcasing sleek quartz countertops, bar seating, and an effortless flow into the breakfast nook and dining area, keeping everyone connected. The living room feels warm and open, with vaulted ceilings and a cozy fireplace that make it the heart of the home.
Upstairs, the primary suite offers a serene retreat with dual sinks, a soaking tub, walk-in shower, and a spacious walk-in closet. Two additional bedrooms provide flexibility for guests, hobbies, or whatever fits your lifestyle.
Downstairs, the unfinished basement offers endless potential-perfect for a home gym, game room, or extra living space. Outside, enjoy a beautifully maintained, large fenced yard with a concrete patio, perfect for BBQs, outdoor dinners, or simply relaxing in the fresh air.
Located in a wonderful Longmont neighborhood, this home is just a short walk to an elementary school and nearby park, making it ideal for families. You'll also be close to trails, shopping, and restaurants, with easy access to downtown and major commuter routes. Click the Virtual Tour link to explore the 3D walkthrough. Discounted rate options and no-lender-fee future refinancing may be available for qualified buyers.
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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 |
|---|---|---|---|
| Dec 25, 2025 | In contract | - | |
| In contract | |||
| Dec 5, 2025 | Price Decreased |
$635,000
↓ $10K
(1.6%) | |
| Price Decreased | |||
| Nov 13, 2025 | Listed by Orchard Brokerage LLC | $645,000 | |
| Listed by Orchard Brokerage LLC | |||
| May 21, 1997 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017