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4816 Terry Lane
About This Property
Step inside to discover a spacious, thoughtfully designed split floor plan enhanced by luxury vinyl plank flooring throughout. The heart of the home features stunning granite countertops and sleek stainless steel appliances, creating a stylish and functional kitchen ideal for everyday living or entertaining.
The expansive primary suite is a true retreat, complete with a large walk-in closet and a private bath featuring a walk-in shower. On the opposite side of the home, the guest wing offers a generously sized bedroom and a full hallway bath with a tub/shower combination-perfect for visitors or family. Both bathrooms are finished with elegant granite countertops for a cohesive, upscale feel.
Outside, enjoy serene desert living at its finest. A covered front patio provides the perfect setting to take in vibrant sunrises, while mature landscaping enhances the home's curb appeal. Out back, endless desert stretches meet stunning mountain views, delivering unforgettable sunsets right from your doorstep.
Surrounded by wide-open space yet conveniently close to town, this property offers the ultimate desert escape-peaceful, private, and truly inspiring.
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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 |
|---|---|---|---|
| Oct 17, 2026 | Price Decreased |
$359,800
↓ $100
(0%) | |
| Price Decreased | |||
| May 1, 2026 | Listed by Cherie Miller & Associates | $359,900 | |
| Listed by Cherie Miller & Associates | |||
| May 3, 2018 | Sold | ||
| Sold | |||
| Apr 2, 2018 | Listed by CENTURY 21 SHOWCASE | $156,000 | |
| Listed by CENTURY 21 SHOWCASE | |||
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Sweet, small home with large yard. Nice hardwood floors and granite countertops. Conveniently located close to the 247 for quick access to town.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017