4041 SE 56TH TERRACE
About This Property
As you enter, you're welcomed by a large living room that opens to a massive kitchen and dining combo, complete with an island, abundant cabinetry, and built-ins-perfect for big families and home chefs. A second large family room with a cozy fireplace offers the ideal place to unwind, while the formal living area adds even more space for gatherings. The primary suite features a walk-in closet and a full bath for comfort and privacy. The indoor laundry room is conveniently connected to the guest bath for everyday ease. Outside, enjoy a generous backyard and a large storage shed. Don't miss this opportunity-schedule your showing today and come see your next home!
Home is being sold As-Is.
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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 |
|---|---|---|---|
| Jun 11, 2026 | Sold | ||
| Sold | |||
| May 9, 2026 | In contract | - | |
| In contract | |||
| Feb 5, 2026 | Price Decreased |
$184,999
↓ $5K
(2.6%) | |
| Price Decreased | |||
| Dec 3, 2025 | Listed by FUTURE HOME REALTY INC | $190,000 | |
| Listed by FUTURE HOME REALTY INC | |||
| Nov 20, 2025 | Price Decreased |
$159,900
↓ $5K
(3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017