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2563 Terri Lane
About This Property
The home features 3 bedrooms and a flex room, perfect for guests, office or a 4th bedroom.
Enjoy the Florida lifestyle from the screened-in back porch overlooking the large yard, offering a peaceful space to relax. With a little vision and some updating, this property has all the makings of a great home. Bring your ideas and make this one your own!
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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 |
|---|---|---|---|
| Sep 15, 2026 | Price Decreased |
$220,000
↓ $9K
(3.9%) | |
| Price Decreased | |||
| Sep 3, 2026 | Listed by Blue Marlin Real Estate | $229,000 | |
| Listed by Blue Marlin Real Estate | |||
| Mar 3, 2021 | Sold | ||
| Sold | |||
| Jan 19, 2021 | Listed by Florida East Coast Real Estate | $171,000 | |
| Listed by Florida East Coast Real Estate | |||
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This home sits along a sandy bottom creek on a spacious lot at the end of a quiet street. The home is freshly painted, has a new roof, a newer septic and freshly remodeled tile walk-in shower in the split floor plan master suite/bath. The home is bright and spacious with a large screen enclosed back porch (480 square feet). A huge bonus room (under air) 18x12 and adjacent storage room provides for additional living space/office/guest space/in-law. A 20x20 covered storage area and a large metal storage shed with electric provide plenty of additional storage. A large fenced back yard with separate dog run offers exceptional outside space. This home is value-priced for the first time home buyer or investor looking to capture the rental market.
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| Aug 16, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017