228 NORTHWEST TERRACE
About This Property
Inside, stunning wood floors, two fireplaces, and generously sized living spaces create warmth and personality throughout the home. A large family room addition overlooks the backyard, while the screened porch provides a wonderful space for relaxing, entertaining, or enjoying the mature landscaping and private outdoor setting.
The layout offers a distinctive floor plan with flexibility for a variety of living arrangements. The main level includes three bedrooms and two full baths, while the finished lower level adds a fourth bedroom, additional full bath, recreation space, and extensive storage.
The kitchen and some interiors offer an opportunity for future updating, making this an appealing option for buyers who value lot size, square footage, architectural character, and location while bringing their own vision over time.
Additional highlights include an attached two-car carport, extended driveway parking, and a deep fenced yard rarely found at this price point. Conveniently located near parks, shopping, dining, commuter routes, and Northwest Branch trails.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Sep 8, 2026 | Sold | ||
| Sold | |||
| Aug 7, 2026 | In contract | - | |
| In contract | |||
| Aug 4, 2026 | Price Decreased |
$623,000
↓ $46K
(6.9%) | |
| Price Decreased | |||
| Jul 22, 2026 | Price Decreased |
$669,000
↓ $30K
(4.3%) | |
| Price Decreased | |||
| Jun 25, 2026 | Price Decreased |
$699,000
↓ $36K
(4.9%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About White Oak
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$3,450 /mo
- 4 Beds
- 2 Baths
- 2,052 ft²
$3,200 /mo
- 3 Beds
- 2 Baths
- 2,214 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017