31
Map
7 Terrace Circle #3D
About This Property
A playground and school bus stop are conveniently located right outside. Just a 2-minute walk to the Little Neck LIRR (Zone 3) with direct service to Penn Station and Grand Central. Community amenities include an Olympic-sized pool, kiddie pool, dog run, basketball and volleyball courts, a community room, and Great Neck Park District privileges.
Maintenance covers taxes, heat, hot water, water, landscaping, snow and trash removal, and pool passes. With top-floor privacy and a prime location, this home delivers outstanding value and everyday convenience.
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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 |
|---|---|---|---|
| Jul 31, 2026 | Sold | ||
| Sold | |||
| Jan 7, 2026 | In contract | - | |
| In contract | |||
| Dec 16, 2025 | No longer available | - | |
| No longer available | |||
| Dec 3, 2025 | Listed by Prime Realty | $399,000 | |
| Listed by Prime Realty | |||
| Apr 7, 2025 | In contract | - | |
| In contract | |||
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