406 NE 45TH TERRACE
About This Property
The thoughtfully designed floor plan features generous living spaces, comfortable bedrooms, and plenty of natural light throughout. The semi-attached garage provides convenience and extra storage, while the covered patio creates the perfect setting for outdoor dining, entertaining, or simply relaxing after a long day.
Enjoy the privacy and tranquility of this quiet neighborhood while remaining close to shopping, dining, schools, and everyday amenities. Whether you're a first-time buyer, upgrading to more space, or looking for a smart investment, this property checks all the boxes.
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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 7, 2026 | Sold | ||
| Sold | |||
| Jun 24, 2026 | In contract | - | |
| In contract | |||
| Jun 3, 2026 | Listed by SUSKIN REALTY INC | $235,000 | |
| Listed by SUSKIN REALTY INC | |||
| Sep 10, 2025 | Relisted | $254,500 | |
| Relisted | |||
| Jul 31, 2025 | In contract | - | |
| In contract | |||
Property Highlights
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About Alachua
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017