2840 S Eagle Terrace
About This Property
Step inside to find a completely updated interior featuring luxury plank flooring throughout, fresh interior and exterior paint, and upgraded lighting and ceiling fans. The modern kitchen boasts solid wood cabinets, quartz countertops, and new stainless steel appliances, while the updated bathrooms feature new vanities with Carrera marble tops.
Enjoy the outdoors in your private, fenced backyard complete with a sparkling in-ground pool, stamped concrete deck, new coping, and a freshly painted and rescreened pool cage. Beautiful new landscaping with plantings and crushed granite enhances the curb appeal. Additional highlights include: Hurricane-rated windows with Kevlar storm covers, New AC, Insulated garage door with epoxy-coated flooring, 800-gallon buried propane tank servicing the gas range and dryer ,New water treatment system and well pump. Conveniently located less than a mile from Inverness Golf & Country Club and just minutes from downtown Inverness, offering shopping, dining, parks, lakes, and scenic biking/walking trails.
This home has been meticulously maintained and is truly move-in ready! nothing left to do but enjoy!
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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 |
|---|---|---|---|
| Jan 22, 2026 | Sold | ||
| Sold | |||
| Dec 20, 2025 | In contract | - | |
| In contract | |||
| Nov 23, 2025 | Price Decreased |
$410,000
↓ $15K
(3.5%) | |
| Price Decreased | |||
| Nov 5, 2025 | Listed by Coldwell Banker Ellison Realty | $424,900 | |
| Listed by Coldwell Banker Ellison Realty | |||
| May 22, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017