1634 Prospect Terrace
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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%.
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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 |
|---|---|---|---|
| Mar 17, 2022 | Sold | ||
| Sold | |||
| Oct 17, 2021 | Listed by Dolores Leonard Real Estate | $489,000 | |
| Listed by Dolores Leonard Real Estate | |||
| | |||
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END OF THE ROAD PRIVACY/LOVELY HOME WITH A COMPLETELY USEABLE LAYOUT THAT WORKS FOR EVERYONE/NO DOWNSIDE/HARD TO BELIEVE THIS ONE/Come inside and be surprised/Home is in one of the most private locations on Mortgage Hill/Enter carved wood front door to foyer - living room, dining area w/sliding door to deck overlooking private wooded area, Dine in Kitchen, Master bedroom w/bath, 2 more bedrooms and hall bath/Down: Separate. entrance to light and bright lower level w/high ceilings/Large family room w/pocket doors to guest room, den or office, full bath/Large storage room/Underground oil tank professionally abandoned 10/2021-C & G Environmental Consultants-Documented Certificate/Laundry-oil tank and mechanicals/Kitchen floor, back splash, corian countertops 4-5 years/Front railing replaced 10/2021/Light, bright rooms/3 zone heat/Recessed lighting & Roof '2021/kitchen 3-5 yrs/Center island with oak top'21/Water-quarterly $106 approximately/Attic access in hallway/Star, if applicable $2061
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| Feb 25, 2005 | Sold | ||
| Sold | |||
| Dec 12, 1997 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017