6840 Del Mar Terrace
About This Property
reside in. 24 hour guard gated entry, Clubhouse with Pool, Spa, Exercise, Pickle Ball, Tennis, Playground area, basketball and an on site Manager. Primary bedroom on the first floor, with private bath featuring soaking tub, separate shower, double sinks. Large Chef inspired Kitchen, upgraded Stainless appliances, convenient eating bar
and small eating area off kitchen. Second bedroom also located on main level, formal dining room as well as great room. Upper level Balcony overlooking first floor large are could be den, game room etc. Two more bedrooms on this level with Bath. Gorgeous Lot overlooking protective preserve and water, lanai features sale infused pool and spa, cozy undercover seating area all fenced in. Two car garage and conveniently located close to all shopping, dining and White Sandy Beaches. Take advantage of this opportinity impeccably maintained.
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Cap Rate Calculator
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 18, 2025 | Sold | ||
| Sold | |||
| Nov 10, 2025 | In contract | - | |
| In contract | |||
| Oct 30, 2025 | Price Decreased |
$850,000
↓ $49K
(5.5%) | |
| Price Decreased | |||
| Oct 2, 2025 | Price Decreased |
$899,000
↓ $46K
(4.9%) | |
| Price Decreased | |||
| Sep 22, 2025 | Price Decreased |
$945,000
↓ $50K
(5%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017