21 Terrace Ln
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 |
|---|---|---|---|
| Aug 10, 2018 | No longer available | - | |
| No longer available | |||
| May 31, 2018 | Sold | ||
| Sold | |||
| May 15, 2018 | Listed | $266,000 | |
| Listed | |||
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Welcome to Terrace Lane! Great ranch style one owner home located on a quiet cul-de-sac off the beaten path yet close to so many amenities. Unique floor plan gives this home a great wrap around flow. Large living room has lots of natural light and hardwoods under the carpet. The kitchen has stainless steel appliances and a good sized dining area. There are three bedrooms with ample space and hardwoods under carpeting. The bathroom has a newer threshold shower. Fresh paint throughout the entire home! The basement offers a laundry area with washer and dryer and is open and clean and has a lot of potential to increase your living space. This home sits on an amazing lot with so much privacy and a separate, oversized two and a half car garage! You will love the curb appeal and the location of this home - just steps to the bike path and nearby Cooley Dickinson Hospital, schools, parks, shopping and so much more! Seller is motivated! The manager has listed the unit size as 1140 square feet.
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| Feb 17, 2018 | Listed by Keller Williams Realty | $266,000 | |
| Listed by Keller Williams Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017