17 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 |
|---|---|---|---|
| Oct 18, 2021 | Sold | ||
| Sold | |||
| Aug 25, 2021 | Listed by Barrett Sotheby's International Realty | $2,390,000 | |
| Listed by Barrett Sotheby's International Realty | |||
| Aug 23, 2018 | Sold | ||
| Sold | |||
| May 16, 2018 | Listed by Phoenix Real Estate | $2,200,000 | |
| Listed by Phoenix Real Estate | |||
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Spectacular Colonial with a contemporary flair beautifully sited on a half acre plus lot offers four gracious levels of living. Well proportioned rooms and custom architectural details include oversized windows, paneled walls, oak flooring with mahogany inlays, tray ceilings and more. The heart of the home is the open-concept chef’s kitchen with center island, spacious casual dining area, and impressive cathedral family room--all oriented to capture beautiful views of the lush well-established gardens, expansive patio and waterfall. Handsome library/home office offers a wall of cherry built-ins and triple windows allowing the sun to cast a warm glow. Stunning master bedroom and spa bath with Jacuzzi tub and separate steam shower with bench seat. The finished third floor is the perfect spot for a nanny or extended stay guests, while the lower level provides space for a media room and playroom with plush new wall-to-wall carpeting. Located in Lexington's coveted Follen Hill neighborhood.
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| May 23, 2003 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017