2665 The Terraces Way
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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Feb 1, 2024 | Listed by Harry Norman Realtors | $499,000 | |
| Listed by Harry Norman Realtors | |||
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Welcome to beautiful 2665 The Terraces Way, nestled on the 14th hole of the Trophy Club of Apalachee golf course. Enjoy golf views from the level, spacious fenced in backyard while BBQing on the grill, enjoying the screened in porch or private patio! This home has exceptional upgrades and renovations throughout the interior and exterior. All new landscaping in both front and back yard, new trex flooring, fans, electrical and lighting on screened in porch, new back yard fence with gate access points, newly poured concrete patio for hot tub with horizontal board privacy screen, French drains installed along the exterior, smart wifi Rainbird irrigation system controller along with an irrigation tune up, custom built playground, porch lighting and more! The Interior boasts of upgrades and finishing touches such as new board and batten in the two-story foyer, newly converted formal living room to home office that is sound insulated with 5/8" drywall inside and out making it a quiet space in which to work. New tile flooring, base trim, lighting and electrical throughout. The kitchen delights with its views to both the family room and backyard, kitchen island, granite counter tops, new disposal, Bosch dishwasher, sink faucet, under cabinet LED lighting, and renovated plumbing under the sink. The upper level contains new LVP flooring, new ceiling fans, outlets, custom moveable wire closet shelving and more! The spacious Primary Suite is so inviting with its gas log fireplace and finishes. The Primary Bath has an upgraded shower, toilet, fixtures and hardware and new board and batten for tub surround. Thats not all, this home has plenty more to offer with its community features and close location to shopping, schools and highways. Gwinnett county school district.
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| Nov 3, 2020 | Sold | ||
| Sold | |||
| Oct 7, 2020 | Listed by Harry Norman Realtors | $334,900 | |
| Listed by Harry Norman Realtors | |||
| Jun 30, 1999 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017