1036 TOWLSTON ROAD
About This Property
Designed for substantial entertaining, the residence features two kitchens, a wine cellar, a glamorous home cinema, and expansive gathering spaces. A large exercise room is joined by a private spa with a sauna and steam room, while a dedicated safe room provides an additional level of security.
The outdoor spaces are equally well considered, with an expansive patio, heated swimming pool, and outdoor fireplace for year-round enjoyment. Parking for more than 50 vehicles allows the property to accommodate large events with ease. The grounds also offer sufficient space for mini golf and a professional-size tennis court. Private, secure, and exceptionally well built, this estate delivers the scale, amenities, and flexibility expected at the highest level of the luxury market.
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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%.
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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 |
|---|---|---|---|
| Aug 29, 2026 | Listed by Long & Foster Real Estate, Inc. | $9,250,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Apr 30, 2012 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017