56 Terry Hill Road
About This Property
The open living space is enhanced by natural light and seamlessly connects to the dining area, providing a versatile environment for both daily activities and entertaining. The well-appointed kitchen is a delight for any home cook, boasting ample counter space, abundant cabinetry, and a functional layout to make meal preparation a breeze.
Upstairs, you'll find a cozy sitting room outside of the bedrooms, creating an ideal space for relaxation or a home office. Step outside to the back deck, an ideal spot for enjoying your morning coffee or hosting summer barbecues, all while taking in the serene views of your expansive half-acre lot. The fully fenced yard ensures ideal privacy, making it perfect for kids and pets to play safely. Located on a corner lot, this property offers additional space and a sense of exclusivity.
Additional highlights of this property include a 2-car garage, providing secure parking and additional storage, as well as a driveway with space for 4 additional cars, ensuring ample parking for family and guests. For your comfort, this home is equipped with three resources for heat and two resources for heat and air, ensuring you stay comfortable in all seasons.
One of the exceptional features of this home is the lake rights, offering you the opportunity to enjoy lake activities and serene water views.
This home offers both comfort and convenience, located close to schools, parks, and highways, making it an excellent choice for those seeking a balanced lifestyle in the picturesque community of Carmel.
Don't miss the opportunity to make this wonderful home your own. Schedule your private showing today and discover all the potential this property has to offer. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 26, 2024 | Sold | ||
| Sold | |||
| Jul 3, 2024 | In contract | - | |
| In contract | |||
| Jun 10, 2024 | Price Increased |
$450,000
↑ $140K
(45.2%) | |
| Price Increased | |||
| Jun 2, 2024 | Relisted | $310,000 | |
| Relisted | |||
| May 28, 2024 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017