3587 Garner Terrace Way
About This Property
Inside, you will find spacious and thoughtfully designed living areas featuring four bedrooms, three full bathrooms, and a two-car garage. The versatile floor plan includes both a first-floor primary suite and a first-floor guest suite, making it ideal for multigenerational living or hosting overnight guests. Upon entry, you are greeted by a grand two-story foyer with an open catwalk, wrought iron railings, and beautiful hardwood floors that flow throughout the main living areas.
The formal dining room showcases an upscale coffered ceiling, while the kitchen is a true entertainer's dream with a large center island, tile backsplash, gas cooktop, upgraded stainless steel appliances, and modern lighting. The breakfast area offers peaceful views of the private backyard. A convenient drop zone is located near the garage entrance.
The open floor plan continues into the inviting living room with a cozy gas log fireplace. Step outside to the screened-in sun porch with vaulted ceilings--an ideal retreat for relaxing or entertaining. There is ample space for outdoor enjoyment throughout the private backyard.
The laundry room features built-in cabinetry and direct exterior access. The grand owner's suite impresses with tray ceilings, abundant natural light, and a spa-inspired bath complete with a slipper tub, glass-enclosed shower, and oversized walk-in closets with custom built-ins.
Upstairs offers additional bonus/flex space, a walk-in attic for extra storage, and overlooks to the main level that enhance the home's open and elegant feel. With so many exceptional features, this home is truly a must-see.
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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 |
|---|---|---|---|
| Jun 18, 2026 | Sold | ||
| Sold | |||
| May 14, 2026 | In contract | - | |
| In contract | |||
| Apr 6, 2026 | Price Decreased |
$824,000
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Mar 9, 2026 | Price Decreased |
$839,000
↓ $11K
(1.3%) | |
| Price Decreased | |||
| Jan 27, 2026 | Listed by Mark Spain Real Estate | $850,000 | |
| Listed by Mark Spain Real Estate | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017