516 TERRELL ROAD
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 1, 2024 | Sold | ||
| Sold | |||
| Jan 8, 2024 | Listed by Phyllis Browning Company | $2,495,000 | |
| Listed by Phyllis Browning Company | |||
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Distinctive Spanish Colonial style home in the heart of Terrell Hills. Grand entry welcomes you with sweeping staircase, arched doorways and rich wood flooring. Formal living area has decorative mission style flooring and gas fireplace and opens to study with backyard views. Separate formal dining room and wet bar provide wonderful entertaining spaces. Island kitchen is outfitted with great amenities, breakfast nook and ample storage opening to casual living area. Primary bedroom upstairs separated from secondary bedrooms for privacy. Three more bedrooms up with additional game room. Detached quarters above 3 car garage. Tranquil backyard setting with stunning pool and lush landscaping.
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| Oct 6, 2009 | Sold | ||
| Sold | |||
| May 13, 2008 | Listed by Phyllis Browning Company | $1,599,000 | |
| Listed by Phyllis Browning Company | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017