427 Terracina Way
About This Property
The property, owned by one couple since the home was built in 2003, is offered in as-is condition. Residents of the Vineyards may choose to join the country club, offering 36 holes of golf, tennis, pickleball, bocce, a wellness center and spa, plus a variety of dining opportunities and social events. Beach enthusiasts are only a few miles away from the sand via Vanderbilt Beach Road.
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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 12, 2026 | Sold | ||
| Sold | |||
| Feb 16, 2026 | In contract | - | |
| In contract | |||
| Feb 2, 2026 | Relisted | $2,000,000 | |
| Relisted | |||
| Jan 27, 2026 | In contract | - | |
| In contract | |||
| Jan 23, 2026 | Listed by John R Wood Properties | $2,000,000 | |
| Listed by John R Wood Properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017