3341 Terrace Ln
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 6, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Listed by Compass | $1,475,000 | |
| Listed by Compass | |||
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Discover this beautifully updated single-story ocean view home in the highly sought-after Henie Hills of Oceanside. Situated on an oversized, level lot, this property offers ample space to enjoy with features including a built-in gas fire pit, a newer resistance swim pool, raised vegetable beds, fruit trees, and enhanced privacy. Upon entry, you’re welcomed into a spacious foyer perfect for hosting guests and family. The home’s vaulted ceilings throughout many rooms, add to the sense of openness and elegance. The kitchen, featuring a large island, seamlessly connects to the family room and an expansive back patio with ocean views, making it ideal for entertaining. The expansive primary suite is a true retreat, complete with vaulted ceilings, stunning ocean views, a walk-in closet, and a spa-like bathroom with an oversized tub, a separate shower, and a large double sink vanity with ample storage. The additional bedrooms are generously sized and offer privacy for all. Plus an optional room, currently utilized as a home office, is a skylit atrium adjacent to the kitchen. The full-sized laundry room with great storage and a pantry adds to the home’s practicality. Experience the tranquility, where you can watch owls at night and red-tailed hawks soar by day giving it that quiet, rural neighborhood feel. This private oasis offers an unparalleled living experience where you’ll feel like you never want to leave.
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| Aug 28, 2019 | Sold | ||
| Sold | |||
| Jun 14, 2019 | Listed by Right Hand Realty | $829,000 | |
| Listed by Right Hand Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017