18 Tower Hill 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 |
|---|---|---|---|
| Jun 5, 2020 | Sold | ||
| Sold | |||
| Mar 3, 2020 | Listed by Classified Realty Group | $615,000 | |
| Listed by Classified Realty Group | |||
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Opportunity for a second chance, buyers situation has changed due to the current environment we are in. LOCATION LOCATION. Welcome Home! Can you say turn key? All that's left to do is move into this beautiful, updated raised ranch in one of North Reading's most desirable neighborhoods. Less than 1 mile to Batchelder School, North Reading Middle and High School; this home has been beautifully kept up with, all the bathrooms have been renovated and new appliances in the kitchen, new septic in 2014, new oil tank and water heater. If you like entertaining, this is the home for you. Featuring large open concept living room and dining room off the kitchen, a completely finished basement with 3/4 bathroom and a wet bar. Let's talk yard, not only does the home sit beautifully up on a hill but you have a large flat backyard with patio area! Call for a showing today.
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| Jul 31, 2014 | Sold | ||
| Sold | |||
| May 14, 2014 | Listed by Farrelly Realty Group | $469,000 | |
| Listed by Farrelly Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017