4130 Terrace Drive
About This Property
Downstairs is the foyer, formal dinning room, large eat in kitchen that is open to the living room. The master bedroom with a full bathroom attached to it and the hallway, and a home office/bonus room that could be a 4th bedroom.
Upstairs, are 2 bedrooms (one is the size of 2 bedrooms) and a full bathroom.
Huge sunroom, opens to the synthetic deck and large fenced in backyard with a wired storage shed/workshop.
The manager has listed the unit size as 2327 square feet.
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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 |
|---|---|---|---|
| Feb 21, 2024 | No longer available | - | |
| No longer available | |||
| Jan 4, 2024 | Price Decreased |
$265,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Dec 23, 2023 | Price Decreased |
$270,000
↓ $5K
(1.8%) | |
| Price Decreased | |||
| Dec 23, 2023 | Relisted | $275,000 | |
| Relisted | |||
| Dec 22, 2023 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017