194 21ST TERRACE SE
About This Property
From the moment you pull up, the curb appeal makes a statement. Pride of ownership is on full display, highlighted by a newer driveway installed in 2021 and a welcoming exterior that says "well cared for" before you even step inside. Out back, the oversized yard is ready for everything from weekend BBQs to future pool dreams. And yes, there are TWO sheds. One handles your storage needs, and the other is just waiting to become your workshop, hobby space, or the perfect "don't bother me, I'm building something" retreat.
Inside, the layout delivers exactly what buyers are looking for. A comfortable living area flows into the kitchen, creating a functional and inviting space for everyday living and entertaining. Need more room? The massive bonus room gives you options galore. Game room, home office, media space, or even a second living area. You decide.
The kitchen and bathroom have already been updated, giving you a solid head start, while still leaving room to add your own personal style and touches over time. It's the perfect blend of move in ready and opportunity.
Location? Let's just say you're close to everything you actually use, which means less driving and more living.
Homes like this do not sit around, especially at this price point. If you've been searching for value, space, and potential all wrapped into one... this is your moment.
Schedule your private showing today before someone else beats you to it. ps. no worries for several years for the big stuff. the ac was installed in 2020 and the roof in 2017 so 10 years or more left on the roof.
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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 |
|---|---|---|---|
| Jul 3, 2026 | Sold | ||
| Sold | |||
| May 18, 2026 | In contract | - | |
| In contract | |||
| May 12, 2026 | Price Decreased |
$335,000
↓ $30K
(8.2%) | |
| Price Decreased | |||
| May 8, 2026 | Price Decreased |
$365,000
↓ $30K
(7.6%) | |
| Price Decreased | |||
| Apr 9, 2026 | Listed by LPT REALTY, LLC | $395,000 | |
| Listed by LPT REALTY, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017