4012 EVANGELINE TERRACE
About This Property
The kitchen serves as the heart of the home, featuring an island, breakfast table space, and a bump-out window with a picture window overlooking the backyard. Open to the step-down family room, the kitchen creates an easy connection between everyday living and entertaining. Cozy and distinctive, the family room features a brick-front fireplace flanked by built-in bookcases, ceiling beams, and a sliding glass door leading to the backyard. A half bath and garage access complete this level.
Upstairs, the spacious primary bedroom offers a walk-in closet and an updated en-suite bath thoughtfully designed for multiple users, with a vanity and dedicated getting-ready station separated from the water closet and shower area. Three additional bedrooms share an updated hall bath with a tiled tub and shower surround, while an upper-level laundry room adds everyday convenience.
The lower level provides a recreation room, full bath, and storage room, offering flexible space for relaxing, hobbies, or recreation. Outdoors, an expansive deck with gazebo overlooks the backyard, which backs to trees for a peaceful natural backdrop. Replacement windows are found throughout the home. Major systems include a roof replaced about 10 years ago, a water heater replaced about 5 years ago, and an HVAC system replaced about 7 years ago.
Olney provides an appealing mix of shopping, dining, recreation, and entertainment, with nearby shopping centers offering groceries, services, restaurants, and specialty shops. Olney Manor Recreational Park features athletic fields, tennis and basketball courts, a dog park, playground, skate park, and swim center, while the Olney Theatre Center offers year-round professional performances. Community events and the Olney Farmers and Artists Market further enhance the area. Please note: some photos have been virtually staged.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Sep 18, 2026 | In contract | - | |
| In contract | |||
| Sep 10, 2026 | Listed by Northrop Realty | $725,000 | |
| Listed by Northrop Realty | |||
| Jun 17, 1986 | Sold | ||
| Sold | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017