310 TERRACE DRIVE
About This Property
This isn't just another home hitting the market-it's a property where the seller has already invested in the big-ticket improvements so you don't have to. From solar to septic, roof & hurricane-proof windows to AC, this home delivers unbeatable value, energy savings, and peace of mind from day one.
Major Upgrades Include:
• $88,000+ in solar panels ALL PAID OFF! (2022) massive energy savings
• $12,000+ in hurricane-impact windows (2022)
• $10,000+ in new AC + all new ductwork (2021)
• $7,000+ in septic & drain field (2022)
• $7,000+ oversized hurricane-proof workshop with roll-up door ? easily convertible into a guest suite, vacation rental, or income-producing ADU
• New garage doors (2022)
• New flooring (2022)
• New granite countertops (2022)
• New bathroom tile (2022)
• New refrigerator & stove (2022)
• New pool pump (2022)
• Roof (2020)
That's over $120,000 in upgrades already paid for-making this home a rare opportunity you won't find twice.
Inside, bring your creative vision and add the finishing touches to make the style your own. Outside, enjoy your private oasis with an enormous in-ground pool and endless room for entertaining, relaxing, and soaking up the Florida lifestyle.
Oh, and we're still not done... this corner .29-acre lot comes with a HUGE driveway with space for multiple vehicles PLUS room for your boat or RV. Add in the hurricane-proof workshop/ADU potential, and this property offers flexibility and future income possibilities you won't find anywhere else!
And here's the best part: NO HOA. NO flood zone. ZERO worries.
Homes with this level of investment, flexibility, and lifestyle appeal don't last long. Schedule your showing today before the opportunity gets away!
Buyers and/or buyer's agent are responsible for verifying all property dimensions, as well as any city or county rules, regulations, or restrictions that may apply.
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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 |
|---|---|---|---|
| May 11, 2026 | Sold | ||
| Sold | |||
| Mar 12, 2026 | In contract | - | |
| In contract | |||
| Mar 2, 2026 | Price Decreased |
$428,999
↓ $1K
(0.2%) | |
| Price Decreased | |||
| Feb 24, 2026 | Price Decreased |
$429,999
↓ $7K
(1.6%) | |
| Price Decreased | |||
| Dec 9, 2025 | Price Decreased |
$436,999
↓ $1
(0%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017