179 Tower Street
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 28, 2011 | Sold | ||
| Sold | |||
| Dec 2, 2010 | Listed by Roberts Associates Real Estate | $129,900 | |
| Listed by Roberts Associates Real Estate | |||
| | |||
|
South end cottage on good sized lot..den could be used as third bedroom...updated kitchen & bath replacement windows. This house is great for first time homebuyer,,only needs light cosmetics. House qualifies for HomePath and HomePath Renovation financing with as little as 3% down for qualified individuals. Home sold AS IS, It is strongly encouraged that an offer includes proof of funds (if cash offer) or pre-approval (if financing) and is a requirement for seller's final acceptance.
| |||
| Aug 24, 2010 | Listed by M J McNally Real Estate | $129,900 | |
| Listed by M J McNally Real Estate | |||
| Aug 12, 2010 | Sold | ||
| Sold | |||
| Oct 17, 2002 | Sold | ||
| Sold | |||
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