1139 TOWLSTON RD
About This Property
Inside, discover the craftsmanship of Anderson doors and windows, enhancing the home's allure. Elegant crystal chandeliers illuminate various spaces, adding a touch of opulence. The kitchen is adorned with a Subzero fridge, catering to culinary enthusiasts. Appreciate the elaborate outdoor lighting, a testament to the thought put into every detail. A sprinkler system maintains the lush surroundings, while the four-sides brick exterior provides enduring charm.
Conveniently located with access to commuter roads, this home showcases a walk-out, above-ground basement, offering additional living space. The property's updates include a new roof with a lifetime warranty, three HVAC units, a heating system, AC units, and a water heater. Embrace the unmatched luxury and comfort of this remarkable estate, where timeless sophistication meets contemporary living.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017