22 TERRACE PL
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 |
|---|---|---|---|
| Jun 26, 2021 | No longer available | - | |
| No longer available | |||
| Jun 2, 2021 | Listed | $284,500 | |
| Listed | |||
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STUNNING & ONE-OF-A-KIND 3/2.5 in Terrace Place! You'll fall in love with all the custom upgrades & features this home offers!*HIGH-END MARBLE & TRAVERTINE FLOORING*PLANTATION SHUTTERS*CUSTOM STONE WORK*WOOD FLOORING*CUSTOM STONE FIREPLACE*CORIAN COUNTERTOPS*CUSTOM CABINETRY*ISLAND KITCHEN*GAS COOKING*RECESSED LIGHTING*HIGH CEILINGS*COVERED PATIO*HUGE MASTER BEDROOM WITH BAY WINDOW & TRAY CEILING*MASTER BATH WHIRLPOOL TUB*CUSTOM FRENCH DOORS TO COVERED PATIO*OVERSIZED BACKYARD DECK*PRIVATE BACKYARD*GUTTERS* The manager has listed the unit size as 1957 square feet.
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| Oct 31, 2020 | No longer available | - | |
| No longer available | |||
| Oct 5, 2020 | Price Decreased |
$284,500
↓ $11K
(3.6%) | |
| Price Decreased | |||
| Sep 13, 2020 | Price Decreased |
$295,000
↓ $15K
(4.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017