20523 Terra Springs Drive
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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 12, 2022 | Sold | ||
| Sold | |||
| Jun 24, 2022 | Listed by Berkshire Hathaway HomeService Premier Properties | $312,500 | |
| Listed by Berkshire Hathaway HomeService Premier Properties | |||
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Beautiful 3 bedroom with home office in Westfield Terra. Kitchen features recent Samsung appliances, gas range, granite countertops, travertine backsplash, and under cabinet lighting. Great backyard with a covered patio with a new outdoor ceiling fan and shade to help beat the heat. Backyard has a wonderful butterfly garden and flower beds ready for your green thumb. AC was replaced in 2021, as well as a new fence and garage door in 2018. All appliances are included. Great home office with double doors facing the front of the home. Living room has vaulted ceilings and a gas fireplace. Master bathroom was recently renovated with an additional vanity and glass shower. Solar screens installed to help with energy savings. Home has beautiful curb appeal and ready to show!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017