59 Terrace Ln
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 |
|---|---|---|---|
| Jan 8, 2018 | Sold | ||
| Sold | |||
| Nov 13, 2017 | Listed by ROVI Homes | $214,900 | |
| Listed by ROVI Homes | |||
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Location, Location, Location, LIKE NEW! Custom built beautiful Ranch! 3 bedrooms, 1.5 baths, plus den/tv room and attached garage! Oversized lot located on one of East Forest Parks most desirable streets! New custom kitchen with granite counters, stainless dishwasher and built in microwave and tile floor. New designer lighting. Newly done hardwood floors throughout and tile in baths. New windows, gas heat, central air conditioning. Newer architectural shingled roof.
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Address: 335 Madison Avenue, New York, NY 10017