37 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 |
|---|---|---|---|
| Aug 13, 2019 | Sold | ||
| Sold | |||
| Jul 1, 2019 | Listed by Century 21 Select Real Estate, Inc. | $310,000 | |
| Listed by Century 21 Select Real Estate, Inc. | |||
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This updated, move-in ready home is a must see! The owners have spent the last year making improvements. There are beautifully refinished original hardwood floors in the living room and all bedrooms, large dual pane windows in every room, original built-in bedroom closets with drawers, newer kitchen appliances (gas stove purchased May 2019), refinished kitchen counter tops, brand new AC motor installed in June 2019, newer gutters and drain spouts, new light fixtures, a large fenced yard, newer solar attic fan, a large outdoor shed, built-in garage shelving, and so much more. Washer/dryer, and all kitchen appliances included. This house is also on a large corner lot and is a gardener or urban farmers’ wonderland! There are 13 mature fruit trees, two raised garden beds still producing veggies, and grape, blueberry, logan berry, and perennial strawberry plants. There are also a variety of flowering plants and shrubs (many drought tolerant) and two large shade trees that shade the house from the afternoon sun and heat. Either side yard has RV potential and certainly room for extra storage. The front driveway could be extended to the right and a double wide gate put in the fence. This home is also very centrally located on a quiet, friendly street. Only one block from InMotion Fitness, two blocks from the Verbena Fields walking path, and a short five minute bike ride to lower Bidwell Park, and quick access to Hwy99.
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| Apr 13, 2018 | Sold | ||
| Sold | |||
| Mar 11, 2018 | Listed by Bill Carter Realty | $260,000 | |
| Listed by Bill Carter Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017