6 Terrace Circle #2H
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 |
|---|---|---|---|
| Dec 12, 2024 | Sold | ||
| Sold | |||
| Oct 24, 2024 | Withdrawn | - | |
| Withdrawn | |||
| Sep 6, 2024 | Listed by Douglas Elliman Real Estate | $324,999 | |
| Listed by Douglas Elliman Real Estate | |||
| | |||
|
Stunning gut-renovation features: sleek baseboard heating, Ceiling & floor Mouldings, newer Kitchen with granite countertops, high end appliances, recessed lighting, newer interior doors & hardware, Expanded Bath, Radiant Bamboo flooring throughout, custom Hunter-Douglas Blinds & abundant flexible fitted Closets. Freshly painted. 2nd floor home + own PARKING SPACE in One-Way Prime Circle Location. Stunning Olympic/Kiddie Pool Complex, Zen-Like Arboretum, Picnic areas, Newer Playground & Basketball Court, Roving Security & Fully Equipped Community Room to rent. Zoned Saddle Rock Elementary, Great Neck South Middle & High Schools. Close To LI Railroad (Zone3), Bus to Queens/NYC, Parkways, Bridges, Beaches. Residents enjoy extensive Great Neck Park & Library Districts. MAINTENANCE includes: your PARKING SPACE, Bike Storage, Playground, Basketball & Volleyball Courts, DOG Run, Passive Park, Picnic areas, Heat, cold/hot Water, real estate taxes, maintenance of buildings common areas/grounds/Pools, Trash & Snow removal, Security Patrol, On-Site Management office & Staff. DOGS & Cats welcomed in this delightful community.
| |||
| Jan 4, 2024 | Listed by Douglas Elliman Real Estate | $305,000 | |
| Listed by Douglas Elliman Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/06/2024
|
1 Bed
|
1 Bath
|
-
|
$324,999
1 Bed
1 Bath
|
-
-
|
Patricia Erker
Douglas Elliman Real Estate
| |
|
01/04/2024
|
1 Bed
|
1 Bath
|
-
|
$305,000
1 Bed
1 Bath
|
$300,000
-1.64%
12/12/2024
|
Patricia Erker AHWD GRI CRS CBR SR
Douglas Elliman Real Estate
| |
|
06/02/2022
|
1 Bed
|
1 Bath
|
-
|
$265,000
1 Bed
1 Bath
|
$265,000
11/01/2022
|
Patricia Erker AHWD GRI CRS CBR SR
Douglas Elliman Real Estate
| |
|
09/03/2021
|
2 Bed
|
1 Bath
|
-
|
$340,000
2 Bed
1 Bath
|
$345,000
+1.47%
11/29/2021
|
Samuel A. .Marcus
Daniel Gale Sothebys Intl Rlty
| |
|
08/07/2017
| |
1 Bed
|
1 Bath
|
-
|
$210,000
1 Bed
1 Bath
|
$214,000
+1.90%
11/28/2017
|
Wedrich Joubert
Douglas Elliman Real Estate
|
|
10/04/2016
|
2 Bed
|
1 Bath
|
-
|
$325,000
2 Bed
1 Bath
|
$325,000
02/03/2017
|
Patricia Erker AHWD GRI CRS CBR SR
Douglas Elliman Real Estate
| |
|
09/13/2016
|
1 Bed
|
1 Bath
|
-
|
$199,000
1 Bed
1 Bath
|
$197,000
-1.01%
02/27/2017
|
Xiaowei Zhao
Lin Pan Realty Group LLC
| |
|
09/05/2016
|
1 Bed
|
1 Bath
|
-
|
$239,000
1 Bed
1 Bath
|
$226,000
-5.44%
01/26/2017
|
Susan Brethel
Madeleine S Bodner
| |
|
04/25/2016
|
1 Bed
|
1 Bath
|
-
|
$210,000
1 Bed
1 Bath
|
$205,000
-2.38%
10/25/2016
|
Patricia Erker AHWD GRI CRS CBR SR
Douglas Elliman Real Estate
| |
|
02/11/2015
|
1 Bed
|
1 Bath
|
-
|
$195,000
1 Bed
1 Bath
|
$185,000
-5.13%
11/19/2015
|
Nelly Golden
RK Capital Group LLC
| |
|
03/20/2013
|
1 Bed
|
1 Bath
|
-
|
$159,000
1 Bed
1 Bath
|
$150,000
-5.66%
02/20/2014
|
Patricia Erker AHWD GRI CRS CBR SR
Douglas Elliman Real Estate
|
Building Info
About Great Neck
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$2,475 /mo
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- 1 Bath
- 700 ft²
$2,295 /mo
- 1 Bed
- 1 Bath
- 700 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017