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Map
12 Tower Place
About This Property
The finished attic includes a full bath, creating a versatile area that can be used for extended living space, workspace, or additional recreational use. A finished basement adds even more flexibility, offering a full bath, additional living and/or recreational space along with a dedicated laundry area.
Outside, the property features a fenced backyard with a deck-perfect for outdoor enjoyment-along with a detached garage for added convenience.
Conveniently located near multiple transportation options, including Metro-North stations (Glenwood and Yonkers) with service to Grand Central, as well as easy access to the Saw Mill River Parkway and I-87. Nearby amenities include Untermyer Gardens Conservancy, Lenoir Preserve, Tibbetts Brook Park, and a variety of shopping and dining options along McLean Avenue and Central Park Avenue.
Located within the Yonkers Public Schools district.
A home that offers space, flexibility, and a comfortable lifestyle with convenient access to everything Yonkers has to offer.
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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