7505 Terrace Drive
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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 |
|---|---|---|---|
| Sep 21, 2018 | Sold | ||
| Sold | |||
| Jul 17, 2018 | Listed by COMPASS | $975,000 | |
| Listed by COMPASS | |||
| | |||
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Transparent Price!!! Stunning Views, walkable to coffee and zoned for Kensington Elementary School! Only 1 mile away from BART and an even shorter distance from organic shopping at El Cerrito Natural down the hill. A spacious home with views of San Francisco and the Golden Gate Bridge. Perfect open floor plan with an extra large living room that opens up to a formal sized dining room. Bright, updated eat-in kitchen. Private backyard wonderful for outdoor dining. Enjoy the master suite with it’s large walk-in closet. Potential in-law unit downstairs with private entrance. Workshop/ bonus room ready for your projects. Two car garage. Abundance of natural light from the dual paned windows and skylights. Low Pest Report & Sewer lateral Compliant. Views: Downtown
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| Jul 1, 2016 | Sold | ||
| Sold | |||
| Jun 10, 2016 | Listed by COMPASS | $599,000 | |
| Listed by COMPASS | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017