124 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 |
|---|---|---|---|
| Jan 13, 2025 | Sold | ||
| Sold | |||
| Dec 10, 2024 | In contract | - | |
| In contract | |||
| Dec 4, 2024 | Listed by Compass | $1,588,000 | |
| Listed by Compass | |||
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Thoughtfully modernized, engineered and renovated with an eye for efficiency this 4 bed 3.5 bath home delivers high quality comfort with your health in mind. A large foyer w/storage leads you into the open concept kitchen and dramatic living/dining room w/19’ vaulted ceilings and a wood stove. The reno’d kitchen features a granite island with counter seating that overlooks the space and flows easily to the back patio for al fresco dining. The ensuite bedroom on the first floor is ideal for guests or those seeking single level living. A laundry room, an office, and family room with fireplace round out the 1st floor. Upstairs there are 3 beds and 2 full baths. The primary suite is complete w/ample closet space and a spacious bathroom w/radiant floors, large bathtub/shower and double vanity. Basement has a small office and large unfinished exercise room w/potential. HVAC ’15; Siding, Insulation, Windows ’16; Kitchen/Baths ’17; Roof, Solar Panels ’18. EV charging in two-car garage.
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| Jul 24, 2014 | Sold | ||
| Sold | |||
| Mar 4, 2014 | Listed by Compass | $898,000 | |
| Listed by Compass | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017