6077 Terrace Lane
About This Property
Step inside to a spacious living room featuring vaulted ceilings, large windows, and a beautiful stone-look fireplace, creating a warm and inviting atmosphere. The primary bedroom features updated luxury vinyl plank (LVP) flooring, while the guest bedrooms offer newer carpet. Major improvements include a new roof and windows in 2024, with the front windows featuring privacy and sun-blocking tint for added comfort and reduced sun exposure.
The real showstopper is the backyard! Enjoy your very own saltwater pool and hot tub surrounded by an expansive screened enclosure, creating the perfect space for relaxing, entertaining, and enjoying the outdoors. Beyond the enclosure, the nearly one-acre property offers an incredible amount of open space, mature trees, and room to enjoy the outdoors. A storage shed and plenty of yard space add even more versatility to this unique property.
Whether you're enjoying a quiet evening by the fireplace, relaxing in the hot tub, hosting poolside gatherings, or simply taking in the peaceful surroundings, this property offers something for everyone.
Nearly an acre, a saltwater pool and hot tub, major updates, and a peaceful location -- this is one you won't want to miss! Be sure to check out the virtual tour for a closer look at everything this property has to offer!
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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 |
|---|---|---|---|
| Oct 23, 2026 | Listed by Coldwell Banker Realty | $450,000 | |
| Listed by Coldwell Banker Realty | |||
| Jun 24, 2025 | Sold | ||
| Sold | |||
| May 25, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Price Decreased |
$300,000
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Mar 16, 2025 | Price Decreased |
$310,000
↓ $4K
(1.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017