2305 NE 64TH TERRACE
About This Property
Step inside to find a gourmet kitchen equipped with like-new appliances (1-year-old), sleek countertops, and ample storage-perfect for the home chef. The spacious family room is ideal for entertaining, while the entire home has been freshly painted for a crisp, move-in-ready feel.
Recent upgrades include a brand-new roof (2023), a new A/C system, a new pump, and a new electrical panel, ensuring peace of mind for years to come. The exterior is just as impressive, featuring a new fence for privacy, newly installed gutters, and a screened patio illuminated by stadium lights, creating the perfect ambiance for outdoor gatherings.
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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 |
|---|---|---|---|
| Jul 21, 2025 | Sold | ||
| Sold | |||
| Jul 2, 2025 | In contract | - | |
| In contract | |||
| May 4, 2025 | Price Decreased |
$432,000
↓ $3K
(0.7%) | |
| Price Decreased | |||
| Apr 2, 2025 | Price Decreased |
$435,000
↓ $4K
(0.8%) | |
| Price Decreased | |||
| Jan 13, 2025 | Listed by KELLER WILLIAMS GAINESVILLE REALTY PARTNERS | $438,500 | |
| Listed by KELLER WILLIAMS GAINESVILLE REALTY PARTNERS | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017