1955 Terrazzo Lane
About This Property
Briarwood Estates is a highly desirable community, not just for its luxurious homes, but for its flexible rental policy that allows 52 rentals per year with a 7-day minimum-making this property an outstanding investment opportunity. Whether you're looking for a forever home or a vacation retreat, this home checks all the boxes.
Featuring resort-style amenities, including two community pools, tennis and pickleball courts, basketball, volleyball, a playground, and scenic sidewalks throughout the neighborhood-ideal for families and outdoor enthusiasts.
This is Florida living at its finest-don't miss out on this incredible opportunity to own in Briarwood Estates!
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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 |
|---|---|---|---|
| May 14, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| Apr 1, 2025 | Price Decreased |
$950,000
↓ $45K
(4.5%) | |
| Price Decreased | |||
| Dec 10, 2024 | Listed by Coldwell Banker Realty | $995,000 | |
| Listed by Coldwell Banker Realty | |||
| Nov 9, 2023 | No longer available | - | |
| No longer available | |||
| Nov 8, 2023 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017