38
Map
2950 S Tower Way
About This Property
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Cap Rate Calculator
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 6, 2025 | Sold | ||
| Sold | |||
| Dec 17, 2024 | In contract | - | |
| In contract | |||
| Dec 13, 2024 | Price Decreased |
$539,000
↓ $10K
(1.8%) | |
| Price Decreased | |||
| Dec 4, 2024 | Price Increased |
$549,000
↑ $10K
(1.9%) | |
| Price Increased | |||
| Nov 13, 2024 | Listed by eXp Realty, LLC | $539,000 | |
| Listed by eXp Realty, LLC | |||
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Price reduced $20,000! This beautiful two-story residence nestled on a highly desirable corner lot is the one! Upgrades include new Anderson windows! with lifetime warranty, new roof 2021. Well cared for home, featuring a 3-car garage and an inviting front porch that invites you to relax or enjoy morning coffee. The bright living room flows seamlessly into the formal dining area, making get-togethers a breeze. Open concept living with the Kitchen flowing into the Den. The cozy den has a fireplace and is pre-wired for surround sound. In the kitchen, you will find recessed lighting, tile floor, stainless steel appliances with a dual oven stove, abundant cabinetry, dual pantries and a two-tier breakfast bar. Don't miss the breakfast nook with a lovely bay window, ideal for casual dining. The serene primary retreat promises a restful night, complete with dual door entry, plush carpet, vaulted ceilings, a walk-in closet and a private ensuite comprised of dual sinks and a jetted soaking tub. Secondary bedrooms are equipped with well-sized closets. Discover the large bonus room in the basement, offering endless possibilities! The backyard includes a stamped concrete covered patio with a relaxing hot tub, new fence 2020, outdoor fountain and window well covers for safety. The spacious 3 car garage insulated and drywalled with an easy care epoxy floor. Cameras, sensors and ring doorbell will stay, buyer would need to activate service plan to continue to use them.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017