227 Tower
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 |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Feb 29, 2024 | Listed by Real Estate One | $318,000 | |
| Listed by Real Estate One | |||
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Cute as a button 3 bedroom 2 bath updated ranch home. Enter into your living room with gleaming hardwood floors. Kitchen has been updated(4 yrs) with new white bay cabinets, corner sink, gorgeous back splash, new flr and appliances and opens to dining area. 3 nice size bedroom's with hardwood flrs, freshly painted and an updated bathroom. Plus a study that leads out to the extra large deck( freshly painted), large fenced in back yard great for relaxing or entertaining. Extra large 2 car garage. Finished basement with a family room, game room, office with french doors, full bathroom and laundry room/storage area. Plus over sized Close to downtown, shopping, restaurants and freeways. What more can you ask for!
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| Dec 26, 2013 | Sold | ||
| Sold | |||
| Nov 13, 2013 | Sold | ||
| Sold | |||
| Sep 24, 2013 | Listed by Real Estate One | $172,000 | |
| Listed by Real Estate One | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017