309 Park Terrace Drive
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 |
|---|---|---|---|
| Feb 26, 2021 | Sold | ||
| Sold | |||
| Dec 31, 2020 | Listed by Coldwell Banker Realty | $337,400 | |
| Listed by Coldwell Banker Realty | |||
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Big space, great design, extras and upgrades throughout this beautiful 4 bedroom/3 bath/3 car garage home! Gently lived in, like new, this David Weekly design is filled with extras that the best model home shows off: extended covered back patio, high ceilings, deluxe cabinetry package, spa-like retreat with giant walk in shower, popular wood-look tile throughout, spacious mudroom, more, more! Great neighborhood that is close to Lake Conroe, nearby water view restaurants. Just a few minutes to IH 45 access or Fish Creek Thoroughfare. Large backyard is ready to add more entertaining spaces, a garden, or a great pool. Large foyer is extra-wide and inviting, leading into your dream open-concept set-up: Family living and dining, endless cabinetry for storage and display, wine racks for your collection. The study is conveniently located off the family room, and a guest room with ensuite bath is perfect for impressing guests or mother-in-law suite. Schedule your private tour today!
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About Montgomery
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017