204 TERACORSA DRIVE
About This Property
At the heart of the home is a thoughtfully designed kitchen, featuring a double wall oven, natural gas cooktop, and a vented hood. The space is enhanced by soft-close cabinetry, full-width roll-out shelving, and a dedicated pot and pan drawer. A spacious island overlooks the great room, creating an open and inviting layout perfect for gathering with family and friends.
Built with quality in mind, this home includes impact-resistant windows throughout, 8-foot interior doors, and a paver driveway, walkway, and lanai. Pocket sliding glass doors lead to a covered lanai, extending the living space outdoors and opening to an expansive, deep backyard. Additional highlights include a carpet-free interior for easy maintenance and modern appeal.
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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 |
|---|---|---|---|
| Aug 29, 2026 | In contract | - | |
| In contract | |||
| Aug 20, 2026 | Price Decreased |
$518,990
↓ $22K
(4.1%) | |
| Price Decreased | |||
| Apr 2, 2026 | Listed by NEAL COMMUNITIES REALTY, INC. | $540,990 | |
| Listed by NEAL COMMUNITIES REALTY, INC. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017