3 Tower Drive
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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 9, 2024 | Listed by Dover Country Properties Inc. | $1,350,000 | |
| Listed by Dover Country Properties Inc. | |||
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3 Tower Drive is a beautifully maintained, architecturally designed center entrance colonial built in 1965. The first floor has a front to back living room with fireplace & built in shelves and cabinets, good size dining room, kitchen opens to a breakfast room, family room with garage access & door going to patio. The second floor has a master bedroom with bath, an oversized second bedroom, a third bedroom, and a full bath. There is a staircase leading to 3rd floor currently providing ample attic space. The lower level has a heated room with its separate heating zone. It’s ideal for an office, exercise area, or playroom. The neighborhood borders conservation trails and the dead end street is located at top end of Cedar Hill Road. Truly a unique, picturesque & welcoming home. Very private setting.
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| Apr 17, 1992 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017