5979 114TH TERRACE N
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 4, 2025 | Sold | ||
| Sold | |||
| Feb 3, 2025 | In contract | - | |
| In contract | |||
| Dec 21, 2024 | Price Decreased |
$419,900
↓ $5K
(1.2%) | |
| Price Decreased | |||
| Nov 23, 2024 | Price Decreased |
$425,000
↓ $14K
(3.2%) | |
| Price Decreased | |||
| Oct 3, 2024 | Listed by 1 PERCENT LISTS SUNCOAST | $439,000 | |
| Listed by 1 PERCENT LISTS SUNCOAST | |||
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Beautiful 4 BED, 2 BATH home with 2 CAR GARAGE situated on a quiet cul-de-sac. NEW ROOF just installed (2024)! Arrive at the home and notice the LARGE LOT that the home sits on. Walking into the front entryway you will notice the beautiful tile work leading to the front door. Enter the front door and enjoy the OPEN FLOOR PLAN and natural light beaming through the windows. Off of the LARGE living room to the right is the spacious PRIMARY SUITE with 2 closets, and ENSUITE bath with dual sink vanity and shower. Continue past the living room to the kitchen that boasts granite tile countertops, and breakfast bar for additional guest seating, stainless steel appliances: oven, dishwasher, and refrigerator, and separate dining area. Past the kitchen/dining area you will find the 3 Bedrooms that share a FULL BATH with shower/tub combo. Head outside to view the fabulous screened in lanai where you can enjoy a morning cup of coffee or an evening dinner. The HUGE BACKYARD features a GAZEEBO, 2 SHEDS (larger one has electric connected) with extra storage and a SMOKE ROOM for meat. Conveniently located just minutes away from US-19, restaurants, and shopping! X500 Flood Zone means preferred rates and no lender requirement!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017