7 Terrace Circle #2H
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Aug 28, 2024 | Listed by Prime Realty | $325,000 | |
| Listed by Prime Realty | |||
| | |||
|
Welcome home to this absolutely stunning, fully renovated, rare-find, 1 bed 1 bath unit nestled on the most desirable inner circle of the Great Neck Terrace community! This home is bathed in natural light and features gleaming hardwood floors and crown molding throughout, recessed lighting, custom closets, an updated bathroom, king sized bedroom, a private garage located directly behind the building, an Olympic sized swimming pool, a view of Little Neck Bay and the Throgs Neck Bridge, and is pet friendly! Just steps away from the Little Neck LIRR station offering Zone 3 (cheaper fare) pricing, this unit is a paradise for commuters or anyone who enjoys frequent trips to NYC (less than a 30 minute train ride!) or downtown Flushing. In addition to the LIRR, this home is less than a 5 minute walk to multiple bus options including N20G, Q12, QM3, and Q36 and is conveniently located a stone's throw away from H-Mart, J-Mart, Planet Fitness & Equinox gyms, countless local restaurants, and the Great Neck Lakeville Branch Library. The Great Neck Terrace community offers an on-site super, maintenance and management team, laundry facilities and bike storage within the building, an Olympic sized swimming pool with lounge areas, kiddie pool, dog run, security patrol, and a community room available to be reserved for special occasions with a fully equipped kitchen. This home is also part of the Great Neck Parks District offering access to various youth & adult programs including sports lessons, the Parkwood Sports Complex & Parkwood pool, Steppingstone Park & Marina, Memorial Park, tennis courts, and so much more. This home is zoned for the Great Neck North OR South schools, giving parents the option to choose based on their child's specific needs with school bus pick up and drop off located conveniently across the street from your front door. Maintenance fees include real estate taxes, heating, hot water, landscaping, GNT pool passes, trash & snow removal, and so much more. Come make this incredible home yours!, Additional information: Appearance:MINT,Interior Features:Efficiency Kitchen,Lr/Dr,Location Features:Protected Wetland
| |||
| Jul 3, 2013 | Sold | ||
| Sold | |||
| Aug 26, 2012 | Listed by Century 21 Prevete Real Estate | $168,000 | |
| Listed by Century 21 Prevete Real Estate | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
12/03/2025
|
2 Bed
|
1 Bath
|
1000 ft²
|
$399,000
2 Bed
1 Bath
1000 ft²
|
$399,000
07/31/2026
|
Min Kang
Prime Realty
| |
|
09/09/2024
|
2 Bed
|
1 Bath
|
-
|
$419,000
2 Bed
1 Bath
|
-
-
|
Lin Liu
MEHOME Realty
| |
|
08/28/2024
|
1 Bed
|
1 Bath
|
-
|
$325,000
1 Bed
1 Bath
|
$315,000
-3.08%
01/17/2025
|
Min Kang
Prime Realty
| |
|
08/24/2023
|
2 Bed
|
1 Bath
|
-
|
$380,000
2 Bed
1 Bath
|
$350,000
-7.89%
12/21/2023
|
Jennifer A. Villano
Compass Greater NY LLC
| |
|
02/09/2023
|
1 Bed
|
1 Bath
|
-
|
$229,000
1 Bed
1 Bath
|
$204,000
-10.92%
07/14/2023
|
Whitney Yeung
Compass Greater NY LLC
| |
|
07/19/2021
|
2 Bed
|
1 Bath
|
-
|
$305,000
2 Bed
1 Bath
|
$285,000
-6.56%
05/23/2022
|
Lisa Koenig
Century 21 Sewanhaka Realty
| |
|
06/08/2021
|
2 Bed
|
1 Bath
|
-
|
$375,000
2 Bed
1 Bath
|
$360,000
-4.00%
12/06/2021
|
Charles Chul Chang
Exit Realty Team
| |
|
04/28/2020
|
2 Bed
|
1 Bath
|
-
|
$360,000
2 Bed
1 Bath
|
$355,000
-1.39%
08/27/2020
|
Beth Sitzer
| |
|
02/27/2019
|
2 Bed
|
1 Bath
|
-
|
$359,000
2 Bed
1 Bath
|
$360,000
+0.28%
08/28/2019
|
Seonghoon Kim
Charles Rutenberg Realty Inc
| |
|
11/28/2018
|
1 Bed
|
1 Bath
|
-
|
$270,000
1 Bed
1 Bath
|
$260,000
-3.70%
03/26/2019
|
Trudy Elliott CBR
Keller Williams Rty Gold Coast
| |
|
09/20/2018
|
2 Bed
|
1 Bath
|
-
|
$339,000
2 Bed
1 Bath
|
$342,000
+0.88%
01/04/2019
|
Herman J. Pinsky
H J Pinsky Realty Co
| |
|
04/28/2016
|
1 Bed
|
1 Bath
|
-
|
$199,500
1 Bed
1 Bath
|
$197,000
-1.25%
08/22/2016
|
Susan Brethel
Madeleine S Bodner
| |
|
06/10/2015
|
2 Bed
|
1 Bath
|
-
|
$262,000
2 Bed
1 Bath
|
$255,000
-2.67%
07/10/2015
|
Susan Brethel
Madeleine S Bodner
| |
|
04/14/2015
|
1 Bed
|
1 Bath
|
-
|
$168,000
1 Bed
1 Bath
|
$163,000
-2.98%
10/05/2015
|
Lisa Kelly
Burbs Realty, LLC
| |
|
08/26/2012
|
1 Bed
|
1 Bath
|
-
|
$168,000
1 Bed
1 Bath
|
$160,000
-4.76%
07/03/2013
|
Peter A. Perone
Madison Homes Realty Inc
| |
|
06/04/2012
|
2 Bed
|
1 Bath
|
1054 ft²
|
$269,000
2 Bed
1 Bath
1054 ft²
|
$250,000
-7.06%
01/08/2013
|
Ross A. Keit CBR E-PRO PSA SFR SRE
Keller Williams Rlty Landmark
| |
|
04/16/2012
|
2 Bed
|
1 Bath
|
-
|
$299,000
2 Bed
1 Bath
|
$290,000
-3.01%
06/18/2013
|
Susan Brethel
Madeleine S Bodner
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017