5617 Terra Bella Lane
About This Property
The home features 5 spacious bedrooms and 5.5 bathrooms, full bed and bath on the main floor, the second floor main bedroom retreat is complete with living room, wet bar, private balconies and a luxurious bathroom with a Bragg & Co. jetted soaking tub, a walk-in closet with abundant storage and custom drawers/shelving.
Outside, the resort-like backyard is perfect for entertaining with a fireplace, seating area, BBQ, large built in spa and waterfall, enhanced by Malibu lighting. Mature landscaping and fruit trees offer privacy and tranquility.
Additional highlights include wood plantation shutters throughout, a 3-car garage, and abundant storage space. This stunning home offers unparalleled luxury and comfort in the highly sought-after Calarosa Ranch.
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Apr 28, 2025 | Price Decreased |
$2,149,000
↓ $200K
(8.5%) | |
| Price Decreased | |||
| Apr 28, 2025 | In contract | - | |
| In contract | |||
| Feb 15, 2025 | No longer available | - | |
| No longer available | |||
| Dec 9, 2024 | Listed by Redfin Corporation | $2,349,000 | |
| Listed by Redfin Corporation | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017