11 Tower Road
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 |
|---|---|---|---|
| Aug 9, 2024 | Sold | ||
| Sold | |||
| Jul 11, 2024 | In contract | - | |
| In contract | |||
| Jun 25, 2024 | Listed by William Raveis R.E. & Home Services | $1,299,000 | |
| Listed by William Raveis R.E. & Home Services | |||
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Follen Hill! Don't miss this opportunity to refresh a well maintained, one-owner home in this sought-after neighborhood. Surrounded by a variety of perennials, this home offers a blank canvas for your design inspirations. A classic colonial with a front to back living room, built-ins and gas fireplace and formal dining room. There are hardwood floors under the carpeting and newer Harvey windows throughout the home. An traditional floor plan with no surprises until you see the the fabulous addition over the garage. Originally designed for an art studio, this magical space with skylights, and transom windows can become whatever special space you need! The kitchen was renovated in 2012 and has excellent storage, Sub Zero and gas stove with direct vent fan. Sliding doors off the kitchen open to a large deck with charming garden walkways. This home has been well maintained and has much potential. Location is A+ for commuting, schools and lifestyle. Come visit 11 Tower Road today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017