7909 Sunset Terrace
About This Property
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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 |
|---|---|---|---|
| Feb 24, 2024 | No longer available | - | |
| No longer available | |||
| Feb 7, 2024 | In contract | - | |
| In contract | |||
| Jan 31, 2024 | Listed by Coldwell Banker West | $719,000 | |
| Listed by Coldwell Banker West | |||
| | |||
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Gorgeous turn key home in the exclusive gated community of Sunset Terrace listed $699,000-$719,000! From the moment you walk in the front door you will fall in love with the bay window seating area, soaring cathedral ceilings and cozy corner fireplace. The open concept living spaces make entertaining fun and exciting! The backyard is the perfect place for summertime BBQs while the kitchen, which was just given a refresh, features stainless steel appliances and much more. Home also features whole house attic fan, central AC, a large two car garage and all appliances, including washer and dryer, convey! This is the one you have been searching for! The manager has listed the unit size as 1409 square feet.
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| Aug 12, 2016 | Sold | ||
| Sold | |||
| Apr 28, 2016 | Listed by Guardian Agents | $438,000 | |
| Listed by Guardian Agents | |||
Property Highlights
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About Lemon Grove
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$3,295 /mo
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$2,200 /mo
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017