427 Terrace Drive
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 |
|---|---|---|---|
| Nov 2, 2023 | Sold | ||
| Sold | |||
| Sep 14, 2023 | Listed by Fathom Realty | $344,900 | |
| Listed by Fathom Realty | |||
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Come see this beautiful home with a great outdoor area and pool to relax and enjoy like your own retreat. Extended Garage workspace for those Do It Yourselfers or storage. Awesome space to tinker with projects or crafts and not take up vehicle space in the garage. Inside features an extra large Primary bedroom with massive walk-in closet and private bathroom with double vanity. Large corner fireplace in living area and kitchen with a bar facing living area so you are never excluded while prepping or cooking meals.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017