218 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 |
|---|---|---|---|
| Jul 17, 2012 | Sold | ||
| Sold | |||
| May 7, 2012 | Listed by Ideal Real Estate Services, Inc. | $269,900 | |
| Listed by Ideal Real Estate Services, Inc. | |||
| Jun 1, 2009 | Listed | $339,900 | |
| Listed | |||
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Enjoy the spectacular view from the LR, DR or Kitchen in this one owner custom built home privately set on over one acre. LL includes three sided FP that opens to family rm & game rm, along w/a separate office and laundry w/half bath. Kitchen, center hall & dining rm freshly painted. 14X44 front cedar deck for optimal view of sunsets! Newer furnace, AC and HWH (APO). New septic system just completed. Terraced backyard w/stone walls lead to an additional det. 1 car garage w/work area & storage
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017