1531 SE 24 Terrace
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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 |
|---|---|---|---|
| Feb 8, 2022 | Sold | ||
| Sold | |||
| Sep 23, 2021 | Listed by Coldwell Banker | $1,140,000 | |
| Listed by Coldwell Banker | |||
| Sep 10, 2020 | Sold | ||
| Sold | |||
| Aug 14, 2020 | Listed by LISTWITHFREEDOM.COM | $925,000 | |
| Listed by LISTWITHFREEDOM.COM | |||
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This beautiful single story ranch style home is a move-in ready dream. Fully remodeled with designer products, the house will be sure to make a statement. This home is east of Federal Highway. Entertain your friends with an over-sized screened in patio, an extended outdoor patio, as well as a brand-new heated pool. The open concept living space culminates with a show stopping kitchen that features all updated, brand new top of the line appliances as a humongous family style island. The sleeping accommodations feature 5 bedrooms one of which is an in-law's quarters which features its own entry way as well as full bathroom. This home has 5 bedrooms and 5 bathrooms, 4 of the bedrooms have on suite bathrooms.
This property simply will not last long as it is the only property under 1.5 mill
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| Feb 25, 2019 | Sold | ||
| Sold | |||
Property Highlights
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About Coral Park
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$7,800 /mo
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$8,500 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017