8 Terrace Circle
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 |
|---|---|---|---|
| Dec 15, 2020 | Sold | ||
| Sold | |||
| Jun 24, 2020 | Listed by Houlihan Lawrence Inc. | $2,995,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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Sophisticated Hamptons style Armonk residence built to the highest standards of luxury on a premier street in Thomas Wright Estates. Incredible construction and quality finishes throughout including 10' ceilings on both main living levels, oversized windows and a wonderful flow making the 8876sf impressive and at the same time welcoming. Substantial mill-work and finishes, Brazilian walnut flooring and custom-crafted chef's kitchen for family gatherings. Effortless entertaining is easy in this home. Sumptuous master suite offers custom dressing room, sitting room/office and luxurious bathroom. Four ensuite bedrooms. Lower level offers au pair option, full bathroom, large play space, gym area and media room options. Privacy and nature compliment each other with 13 acres of conversation land behind the home. Ideally located minutes to Armonk and 50 minutes to NYC
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| Nov 24, 2014 | Sold | ||
| Sold | |||
| Jul 11, 2014 | Listed by Houlihan Lawrence Inc. | $3,495,000 | |
| Listed by Houlihan Lawrence Inc. | |||
| Oct 24, 2011 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017