6082 Terrace Lane
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 |
|---|---|---|---|
| Jul 2, 2025 | Sold | ||
| Sold | |||
| Apr 19, 2025 | In contract | - | |
| In contract | |||
| Mar 6, 2025 | Listed by ERA American Real Estate | $385,000 | |
| Listed by ERA American Real Estate | |||
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This is a beautifully RENOVATED Craftsman-style farmhouse with impressive UPGRADES, perfect for family living or those who love a peaceful, countryside lifestyle. With over $100,000 in improvements, this home has been thoughtfully updated, featuring NEW ENERGY EFFICIENT WINDOWS AND DOORS, NEW LVP FLOORING, A 2-STAGE HEAT PUMP A/C system with new ductwork, and more.
The house welcomes you with a charming Southern porch ideal for relaxing with a glass of sweet tea. Inside, the home offers richly stained woodwork, vaulted and beamed ceilings, and a cozy stone fireplace. The NEW FAMILY
STYLE KITCHEN is a dream for any home chef, featuring white shaker cabinets, a stainless steel appliance suite, and expansive countertops perfect for cooking and entertaining. The spacious master bedroom can accommodate large furniture, and the newly renovated master bath includes dual vanities and a modular walk-in shower. The remaining bedrooms are generously sized, and the split floor plan ensures privacy.
For those who enjoy the outdoors, the sunroom is flooded with natural light and overlooks a large backyard full of beautiful landscaping, including a mulberry tree, gardenias, and raised garden beds. If you're an avid gardener or enjoy outdoor activities, there's even space for chickens! The covered patio offers room for BBQs and outdoor seating.
A standout feature of the property is the large 19 x 32 WORKSHOP WITH ELECTRICITY an additional 12 x 12 storage room, and covered outdoor storage space that can accommodate up to four cars. Whether you need a workshop, additional living space, or just extra storage, the possibilities are endless.
Situated in the COUNTY, you'll enjoy LOWER TAXES, adding even more appeal to this charming home. With all these upgrades and features, what are you waiting for? Make an offer today and move into your dream farmhouse!
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| Sep 12, 2022 | Sold | ||
| Sold | |||
| Jul 14, 2022 | Listed by Coldwell Banker Realty | $349,900 | |
| Listed by Coldwell Banker Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017