415 Terno Ln Lane
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 |
|---|---|---|---|
| Jan 26, 2026 | Sold | ||
| Sold | |||
| Aug 30, 2025 | In contract | - | |
| In contract | |||
| Aug 16, 2025 | Listed by Redfin Corporation | $1,399,000 | |
| Listed by Redfin Corporation | |||
| Nov 26, 2024 | Listed | $1,295,000 | |
| Listed | |||
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PERFECTION at Sol Palm Springs! Check out this 3-bedroom, 3.5-bath detached home with 2,704 square feet on three levels with OWNED SOLAR, soaring ceilings, fireplaces inside and out, big MOUNTAIN VIEWS, and stylish finishes ready for the pages of Dwell Magazine. Private pool + spa with waterfall pair beautifully with a stunning terrace and covered patio with retractable awning. There's a powder bath off the pool terrace which also opens to the interior near the foyer. In the main living area, foldaway doors framing the fireplace are a highlight and floor-to-ceiling windows surround. An oversized island takes center stage in the gourmet kitchen with its professional grade appliances, modernist fixtures, and walk-in pantry. Also positioned on the main level, Ensuite Primary #1 with a private patio, separate tub + shower, double vanity, and walk-in closet. Ensuite Primary #2 (the largest) is located on the second level and goes big in terms of indoor-outdoor flow. Loving those mountain views! Two oversized walk-in closets are a pleasant surprise. Ensuite Guest Bedroom #3 and the utility room are positioned on the second level. Our last stop, the rooftop deck, is a JAW-DROPPER. Loving the wet bar and beverage fridge! ENTERTAIN IN STYLE from this unique vantage point and take in the San Jacinto range, the Little San Bernardino range, and South to Indian Canyons! The best of Downtown Palm Springs is a short stroll away. And Sol, with just 46 homes and low HOA fees, is a fabulous address on many fronts. Take the Matterport VIRTUAL TOUR for a better sense of flow. THIS IS THE ONE TO SEE!
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| Jan 29, 2021 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017