310 MICHAEL TERRACE
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%.
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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 5, 2025 | Sold | ||
| Sold | |||
| Aug 1, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Listed by Keller Williams Realty | $490,000 | |
| Listed by Keller Williams Realty | |||
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Welcome to 310 Michael Terrace, a 4-bedroom, 2-bath home situated on a quiet street in the desirable Sewell section of Washington Township. From the moment you arrive, you’ll be impressed by the home’s charming curb appeal, the stunning front porch and inviting atmosphere. This turn key property features major updates completed in 2019, including the roof, flooring, kitchen appliances, water heater, furnace, fencing, and much of the interior, offering peace of mind and modern comfort. The main level boasts a bright living area, a perfectly crafted kitchen, a formal dining room, a den and a charming sunroom, filled with natural light, that overlooks the backyard oasis - perfect for relaxing or entertaining. Step outside to enjoy the above-ground pool and fenced backyard, ideal for summer gatherings. Additional highlights include a two-car garage, updated systems, and a layout that balances functionality and charm. Conveniently located near local parks, top-rated schools, shopping, and major highways for an easy commute. Don’t miss your opportunity to make this move-in ready home, your next home!
**this home is not in a flood zone, nor has it ever flooded.**
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| Jul 31, 2019 | Sold | ||
| Sold | |||
| Jun 5, 2019 | Listed by Township Realty | $269,900 | |
| Listed by Township Realty | |||
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Welcome home! Newly renovated home in the desirable Washington Township! Upon arrival you will take notice to the new landscape and inviting curb appeal. The exterior also includes brand new garage doors. The interior boasts a beautiful, open layout with brand new laminate flooring throughout. The kitchen and powder room have both been beautifully remodeled. The main floor also includes a generously sized living room with a gas burning fire place, a dining room, and a sun room with skylights which fills the space with natural light. Upstairs includes new carpet, two full, remodeled bathrooms, and nice sized bedrooms. Schedule your showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017