2 Terrace Circle #3B
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%.
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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 |
|---|---|---|---|
| Jul 27, 2022 | Sold | ||
| Sold | |||
| Apr 22, 2022 | In contract | - | |
| In contract | |||
| Feb 9, 2022 | Listed by Edna Mashaal Realty LLC | $298,000 | |
| Listed by Edna Mashaal Realty LLC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/11/2025
|
1 Bed
|
1 Bath
|
611 ft²
|
$320,000
1 Bed
1 Bath
611 ft²
|
$305,000
-4.69%
08/28/2025
|
Beth S. Catrone SFR
Daniel Gale Sothebys Intl Rlty
| |
|
10/22/2024
|
1 Bed
|
1 Bath
|
-
|
$309,999
1 Bed
1 Bath
|
$310,000
+0.00%
05/05/2025
|
Daniel Samouhi
Fave Realty Inc
| |
|
08/14/2024
|
1 Bed
|
1 Bath
|
-
|
$315,000
1 Bed
1 Bath
|
$315,000
01/23/2025
|
Iris Bluth
LAFFEY REAL ESTATE
| |
|
05/20/2024
|
2 Bed
|
1 Bath
|
-
|
$358,999
2 Bed
1 Bath
|
$370,000
+3.06%
10/22/2024
|
Andrew M. Pedote
Signature Premier Properties
| |
|
02/09/2022
|
1 Bed
|
1 Bath
|
-
|
$298,000
1 Bed
1 Bath
|
$280,000
-6.04%
07/27/2022
|
Edna Mashaal
Edna Mashaal Realty LLC
| |
|
06/07/2021
|
1 Bed
|
1 Bath
|
-
|
$268,000
1 Bed
1 Bath
|
$268,000
11/03/2021
|
Janice A. Eubank CBR GRI
LAFFEY REAL ESTATE
| |
|
05/13/2021
|
1 Bed
|
1 Bath
|
-
|
$240,000
1 Bed
1 Bath
|
$240,000
11/10/2021
|
Dean Graber MRP SFR
Keller Williams Rlty Landmark
| |
|
05/01/2020
|
1 Bed
|
1 Bath
|
-
|
$278,000
1 Bed
1 Bath
|
-
-
|
Jacob Baum
Keller Williams Rty Gold Coast
| |
|
07/02/2019
|
2 Bed
|
1 Bath
|
-
|
$295,000
2 Bed
1 Bath
|
$280,000
-5.08%
01/21/2020
|
Kay Lee CBR ABR
International Realty Inc
| |
|
10/18/2018
|
1 Bed
|
1 Bath
|
-
|
$249,900
1 Bed
1 Bath
|
$249,900
02/20/2019
|
Maria C. Stramiello CBR
BERKSHIRE HATHAWAY
| |
|
01/05/2017
|
1 Bed
|
1 Bath
|
-
|
$245,000
1 Bed
1 Bath
|
$227,000
-7.35%
07/26/2017
|
Laurie Nocerito
Douglas Elliman Real Estate
| |
|
09/04/2015
|
1 Bed
|
1 Bath
|
-
|
$208,000
1 Bed
1 Bath
|
$195,000
-6.25%
02/26/2016
|
QIZHAN YAO
REALMART REALTY
| |
|
07/23/2015
|
1 Bed
|
1 Bath
|
-
|
$194,000
1 Bed
1 Bath
|
$189,000
-2.58%
02/11/2016
|
Susan Brethel
Madeleine S Bodner
| |
|
08/21/2014
|
2 Bed
|
1 Bath
|
-
|
$269,000
2 Bed
1 Bath
|
$250,000
-7.06%
07/27/2015
|
Edna Mashaal
Edna Mashaal Realty LLC
| |
|
05/19/2014
|
2 Bed
|
1 Bath
|
1097 ft²
|
$269,000
2 Bed
1 Bath
1097 ft²
|
$265,000
-1.49%
09/24/2014
|
Michele R. LaRocca CBR
Daniel Gale Sothebys Intl Rlty
| |
|
04/10/2013
|
1 Bed
|
1 Bath
|
-
|
$205,000
1 Bed
1 Bath
|
$193,000
-5.85%
10/09/2013
|
Patricia Erker AHWD GRI CRS CBR SR
Douglas Elliman Real Estate
|
Building Info
About Great Neck
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017