125 Tower Ave
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 |
|---|---|---|---|
| Feb 20, 2025 | Sold | ||
| Sold | |||
| Dec 21, 2024 | In contract | - | |
| In contract | |||
| Dec 11, 2024 | Listed by Louise Condon Realty | $1,699,000 | |
| Listed by Louise Condon Realty | |||
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Welcome to this charming Center Entrance Colonial atop one of Needham's most coveted neighborhoods, offering classic character combined with modern convenience. With four spacious bedrooms, 2 full baths/2 half baths, this home is perfect for both family living and entertaining. A timeless center entrance foyer leads to a bright, open living room with a fireplace and gleaming hardwood floors. The formal dining room is ideal for hosting guests, while the open kitchen boasts stainless steel appliances (range and microwave - 2024) and ample cabinet space. The home is further enhanced by an elevator, providing easy access to all levels. The second floor features generously sized bedrooms, including a master suite with en-suite bath. The finished lower level offers additional living space, perfect for a home office or game room. Set on a nice lot with mature landscaping, this home is located in a desirable neighborhood close to schools. Don’t miss this wonderful opportunity!
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| Jun 29, 1978 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017