824 Hillcrest 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 |
|---|---|---|---|
| Dec 2, 2025 | Sold | ||
| Sold | |||
| Nov 7, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Listed by Coldwell Banker West | $1,150,000 | |
| Listed by Coldwell Banker West | |||
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Perched high above the neighborhood with wonderful privacy and space to live, play, and unwind, 824 Hillcrest Terrace offers the perfect blend of comfort, charm, and a blank canvas for its next owners to add their personal touch. Step inside to discover a spacious interior with graciously sized rooms, high ceilings, and large windows with plantation shutters that fill the home with natural light. The primary suite on the ground level provides ease and comfort, while the well-organized kitchen offers ample cabinetry and thoughtful design for everyday living and entertaining. Step outside to your own private backyard retreat surrounded by trees, featuring a sparkling pool and spa, easy-care landscaping, and raised garden beds perfect for vegetables or flowers. Relax or entertain under the covered back patio with dual ceiling fans, overlooking the yard and pool area. A custom-built chicken coop adds a touch of countryside charm, while a separate storage shed keeps tools and toys neatly tucked away. The long driveway and expansive front yard create additional space for entertaining or for kids to play basketball and ride bikes - all within the privacy of your property - and provide ample parking for guests. Enjoy modern amenities including **owned solar**, **dual-zone A/C**, a **whole-house fan**, **wiring for generator power** and **tankless water heater**. It's also worth mentioning that there are no HOA and Mello-Roos Fees. 824 Hillcrest Terrace is the kind of home where every day feels like a retreat.
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| Sep 25, 2014 | Sold | ||
| Sold | |||
| Jul 1, 2014 | Listed by Homesmart Legends | $680,000 | |
| Listed by Homesmart Legends | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017