2051 Terraza Place
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 |
|---|---|---|---|
| May 29, 2019 | Sold | ||
| Sold | |||
| Mar 28, 2019 | Listed by Reliance Real Estate Services | $1,248,000 | |
| Listed by Reliance Real Estate Services | |||
| Mar 18, 2019 | No longer available | - | |
| No longer available | |||
| Nov 28, 2018 | Price Decreased |
$1,249,000
↓ $46K
(3.6%) | |
| Price Decreased | |||
| Oct 25, 2018 | Listed | $1,295,000 | |
| Listed | |||
| | |||
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Please text *** 714-459-2502*** to request a showing appointment. Lovely Sunny Hills Estates property boasting 5 bedrooms & 3.5 bathrooms which include a ground-level guest suite. Elegant brick/stone walkway with exterior lighting leads to the double door entry on the main level. A travertine tiled entry leads to the formal living room, plus a bonus room. A few steps up from the entry take you to the open hallway with built-in cabinetry, three spacious secondary bedrooms, hall bathroom, & the ample master suite. A few steps down from the entry & you are on the main level & will pass a charming powder room on your way to the formal dining room & the great room beyond. A large, updated kitchen with granite, a casual dining area & a generous living area with fireplace & oversized sliding glass doors. The wonderful ground-level second master has an ensuite bath. Other features include a large mud room & an oversized utility/laundry room with storage. Also of note is the 2-car attached garage, additional driveway parking, a terraced yard & covered patio area. Because the site is slightly elevated there is a lovely treetop view. Also, the large shade trees & eastern facing front door, the interior temperature stays fairly steady making for a reasonable utility bill each month. There are no Mello-Roos or HOA in this community located near Laguna Lake & the Fullerton Loop trail, in the award-winning schools of: Laguna Road Elementary, Parks Junior High and Sunny Hills High School. The manager has listed the unit size as 3371 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017