18 Terrane Ave
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 |
|---|---|---|---|
| Nov 17, 2023 | Sold | ||
| Sold | |||
| Sep 14, 2023 | In contract | - | |
| In contract | |||
| Sep 5, 2023 | Listed by Coldwell Banker Realty - Newton | $999,000 | |
| Listed by Coldwell Banker Realty - Newton | |||
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This home is in the sought-after Wethersfield neighborhood, has easy access to commuting routes, and is in immediate proximity to the elementary and middle schools. This spacious home has a beautiful flow affording flexibility of use of rooms throughout. On the first floor, there is a gracious entry with a cathedral ceiling, a double-sided fireplace shared by the oversized family room and dining room, an updated eat-in-kitchen connecting to the family room via a breakfast area, a formal living room, a bedroom and a full bathroom. This level also has a direct entry, attached garage, mudroom, and a slider leading to a large patio and an enormous, level gardener's dream yard. The second floor has a sun-drenched atrium sitting area, a primary bedroom with walk-in closet and attached full bathroom; two bedrooms with oversized closets, and a common bathroom with laundry. It was expanded and a second floor added in 1996, with Anderson windows throughout, this home is a rare offering.
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| Jun 29, 2023 | Withdrawn | - | |
| Withdrawn | |||
| Jun 1, 2023 | Price Decreased |
$1,109,000
↓ $50K
(4.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017