664 Terra Drive
About This Property
This beautiful NO HOA, 4 bedroom, 3 bath Promenade Park area home is within walking distance to a CA Distinguished School, near parks & shopping and easy 91/15 freeway access...This impeccably cared for home features an updated kitchen with granite & newer stainless steel appliances (and the fridge, washer & dryer is included) , a separate family room with gas fireplace, master bedroom with ensuite bathroom & large walk-through closet, front & rear yard have drought tolerant landscaping and synthetic grass, and the front of the house boasts a wide driveway with potential RV/boat parking and so much more...Must see to appreciate all that this home 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 |
|---|---|---|---|
| Dec 21, 2018 | Sold | ||
| Sold | |||
| Oct 17, 2018 | Listed by Century 21 Award | $469,900 | |
| Listed by Century 21 Award | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017