1927 Terra Lane
About This Property
Up to $6000.00 in CLOSING COSTS!!!
4 Bedrooms under $350K!!!
Over .75 acres of level land
No HOA
USDA Approved
Tucked away on a spacious cul-de-sac lot in the well-established neighborhood of Arrowood Estates, this beautifully updated home offers comfort, charm, and extensive upgrades throughout.
The kitchen features shaker cabinetry, butcher block counter-tops, subway tile back-splash, new stove and microwave, and updated finishes. The inviting den showcases a fireplace with custom built-ins, creating a warm and inviting gathering space.
The main level offers a private bedroom with a full bath, ideal for guests, multi-generational living, or home office needs. Recent improvements include a NEW HVAC system, NEW vinyl double-hung windows, FRESH interior paint, NEW LVP flooring on the lower level, and NEW carpet upstairs. Additional upgrades include NEW ceiling fans with LED lighting, NEW gutters with gutter guards, NEW carport lighting, NEW flood lights, and so many more you need to see!
Enjoy peaceful living with optional community pool membership available. Move-in ready with thoughtful updates throughout!
Make this house your home!
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Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 8, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Jul 14, 2026 | Price Decreased |
$349,000
↓ $16K
(4.4%) | |
| Price Decreased | |||
| Jun 28, 2026 | Price Decreased |
$365,000
↓ $7K
(1.9%) | |
| Price Decreased | |||
| Jun 23, 2026 | Price Decreased |
$372,000
↓ $3K
(0.8%) | |
| Price Decreased | |||
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Last Updated: 2 months ago
Data Source: CANOPYMLS, MLS# CAR4379834
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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