1994 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 6, 2026 | Price Decreased |
$250,000
↓ $5K
(1.9%) | |
| Price Decreased | |||
| Sep 20, 2026 | Listed by Talan Properties LLC | $254,900 | |
| Listed by Talan Properties LLC | |||
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Aug 15, 2025 | In contract | - | |
| In contract | |||
| Jul 23, 2025 | Listed by Hammock Realty North Georgia | $250,000 | |
| Listed by Hammock Realty North Georgia | |||
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2025 New Construction - Cottage-Style Charm! Open Concept Living: Seamlessly connect with family and friends in the spacious living, dining, and kitchen areas. Private Owner's Suite: Enjoy your own retreat with a walk-in closet and a full bathroom. All-Electric Efficiency: Modern and energy-efficient for hassle-free living. Convenient Laundry Room: Spacious and functional, making chores a breeze. One-Acre Lot: Embrace the peaceful surroundings of rural Georgia with plenty of space to relax and enjoy. Move-In Ready: A fresh, new build just waiting for your personal touch! Let me know if you'd like further tweaks!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017