16 Terry Lane
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 |
|---|---|---|---|
| Jul 18, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 31, 2025 | Relisted | $775,000 | |
| Relisted | |||
| May 29, 2025 | In contract | - | |
| In contract | |||
| May 10, 2025 | Listed by Educators Realty Inc | $1,249,000 | |
| Listed by Educators Realty Inc | |||
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Welcome to Your Dream Colonial in Plainview!
Nestled on a serene street in the highly sought-after Plainview school district, this stunning 4-bedroom, 3-bathroom colonial offers the perfect blend of classic charm and modern living. Built in 2010, this meticulously maintained 2500 sq ft residence boasts 9-foot ceilings and exquisite custom crown moldings and woodwork throughout the main living areas, creating an atmosphere of elegance and sophistication.
Step inside to discover a thoughtfully designed layout perfect for both entertaining and everyday living. The entire home features beautiful hardwood floors that flow seamlessly from the inviting living room to the open-concept kitchen and formal dining room. A cozy den provides an additional flexible space for relaxation or a home office.
Upstairs, you'll find generously sized bedrooms, including a large primary suite that serves as a true retreat. Complete with a walk-in closet and a private en-suite bathroom, it offers the perfect sanctuary.
The living space extends beyond the main floors to a full, finished basement, providing endless possibilities for recreation, a home gym, or additional living space.
Outside, this corner lot features incredible privacy and in-ground sprinklers keeping your lawn lush and green. This exceptional home truly offers everything you've been searching for in a fantastic Plainview location. Don't miss the opportunity to make 16 Terry Ln your forever home!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017