150 Terrace Way
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 |
|---|---|---|---|
| Dec 17, 2025 | Sold | ||
| Sold | |||
| Nov 30, 2025 | In contract | - | |
| In contract | |||
| Nov 12, 2025 | Listed by Sotheby's International Realty | $1,590,000 | |
| Listed by Sotheby's International Realty | |||
| Jun 18, 2024 | Sold | ||
| Sold | |||
| Apr 10, 2024 | Listed by Sotheby's International Realty | $1,650,000 | |
| Listed by Sotheby's International Realty | |||
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If sitting by the fire in your own private retreat sounds good, then come enjoy this beautiful 3 bedroom, 3 full bathroom home, with updated kitchen and baths. As you enter the gate onto the private spacious front deck, you will be captivated by nature, from blooming plants, flourishing trees in the seasonal creek and the view of the mountains in Garland Park. The home has two ensuite bedrooms, one upstairs and one on the main floor. The vaulted old growth redwood paneled living room features a Carmel Stone fireplace, perfect for cozy gatherings. The kitchen features custom wood cabinets, quartz countertops and newer appliances. With the dining room, family room and kitchen all connected you will have plenty of room for your larger gatherings. It has great internet connection, perfect for someone to work from home. The exterior features beautiful gardens, a new roof and a brand new asphalt driveway. Come see this beautiful retreat, located close to Carmel Valley Village and make it your home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017