21 Reading Terrace
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%.
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 |
|---|---|---|---|
| Jul 8, 2025 | Sold | ||
| Sold | |||
| Jun 10, 2025 | In contract | - | |
| In contract | |||
| Jun 3, 2025 | Price Decreased |
$894,999
↓ $35K
(3.8%) | |
| Price Decreased | |||
| May 14, 2025 | Price Decreased |
$929,900
↓ $20K
(2.1%) | |
| Price Decreased | |||
| Apr 23, 2025 | Listed | $949,900 | |
| Listed | |||
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Outstanding end of Cul-de-Sac location! Raised Ranch close to all Birch Meadow/Reading has to offer. This home has it all - recently updated Kitchen with 8-person seating granite center island, oversized farmers sink and new appliances. Updated full bathrooms. Spacious primary bedroom on first floor with walk-in closet. Comfortable and cozy first level family room with wood burning fireplace. Perfect for hosting large gatherings - Spacious sunroom off kitchen with cathedral ceiling, recessed lights and three walls of glass windows. Generous amount of natural light throughout the home. No shortage of outdoor space to enjoy including full length farmers porch, composite deck with extra structural support, concrete backyard patio, yard space and an 8-car driveway. Potential opportunity for Accessory Dwelling Unit and/rental income. Get to the commuter rail, high school/athletic complexes, YMCA with pool, child care, center of town in minutes - unbeatable location!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017