113 Towne Way
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 |
|---|---|---|---|
| May 1, 2017 | Sold | ||
| Sold | |||
| Aug 16, 2016 | Listed by Success! Real Estate | $359,900 | |
| Listed by Success! Real Estate | |||
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Something for everyone-first time buyers, investors, downsizers....you have found your house! This charming, two-story bungalow style home has a living room with fireplace that opens to dining area and kitchen, as well as first floor office and playroom. Second floor boasts three large bedrooms. Cathedral master bedroom with en suite bath and balcony that looks out over large deck and fenced in yard. Freshly painted exterior and 3 year old heating system are just a couple of bonuses included. This quiet side street has close proximity to elementary school, shopping, but most importantly, the beach! With water front homes down the street, and beautiful Rexhame Beach a half mile away, this location can't be beat for the buyer that wants to be near the water without breaking the bank!
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| Jul 15, 2002 | Sold | ||
| Sold | |||
| Apr 15, 2002 | Listed by Mass Bay Associates | $329,900 | |
| Listed by Mass Bay Associates | |||
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BRIGHT 4 BEDROOM COLONIAL WITH OPEN FLOOR PLAN, LARGE KITCHEN W/CERAMIC TILE FLOORS OPENS TO DINRM. FIRST FLOOR LAUNDRY; SPACIOUS MASTER BEDROOM WITH CATHEDRAL CEILING.PADDLE FAN; PULL DOWN STAIRS TO ATTIC; NEAR BEACH
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017