42 Terrace Dr
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 |
|---|---|---|---|
| Mar 24, 2016 | Sold | ||
| Sold | |||
| Mar 3, 2015 | Listed by Crimson Real Estate Agency, LLC | $369,000 | |
| Listed by Crimson Real Estate Agency, LLC | |||
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$30,000. PRICE REDUCTION!!...Salisbury St. Area.. Unique, One Level Living! Open, Spacious Floor Plan has a large, updated Kitchen with Granite Counters, Table, and Stainless Steel Appliances.. Large Formal Dining Room and a Fireplaced Living Room.. Incredible Sun Room/Family Room is surrounded by Glass Walls and has 2 Large Skylights!.. Built-In Bar and additional storage.. The Master Suite has a Full Bath and a Custom Walk-In Closet.. The 2 Room Au Pair/Office has Built-Ins, Dual Closets and a Full Bath.. One Bedroom (Used as a Den) has sliders to the beautiful, professionally maintained grounds. DOUBLE LOT !! (Underground Sprinklers) 2 Car Garage.. Security System.. Young Roof!.. Recently painted.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017