242 Tower Hill Rd
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 16, 2025 | Sold | ||
| Sold | |||
| Dec 4, 2024 | In contract | - | |
| In contract | |||
| Nov 30, 2024 | Listed by Kazantzis Real Estate, LLC | $350,000 | |
| Listed by Kazantzis Real Estate, LLC | |||
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Escape to the tranquility of this adorable cape, nestled on over 3 acres of picturesque countryside with a serene brook. The current owners in the last 3 years have put in a new furnace, water holding tank/well pump, septic riser, added mini splits, a new shed, updated the bath and added new flooring in the kitchen and some new appliances. Perfect for nature lovers, with plenty of space to relax and unwind. A heated "extra" room with skylights on the second is already plumbed for a second bath & can used as an office, playroom, art studio, etc.
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| Dec 22, 2005 | Sold | ||
| Sold | |||
| Jul 30, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017