Lot 3 Tower St
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 |
|---|---|---|---|
| Oct 21, 2022 | Sold | ||
| Sold | |||
| Sep 15, 2021 | Sold | ||
| Sold | |||
| Jun 12, 2014 | Sold | ||
| Sold | |||
| Dec 6, 2013 | Listed by Dora Naves & Associates | $108,000 | |
| Listed by Dora Naves & Associates | |||
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One of six rectangular lots for sale conveniently located one block from the Assabet River Rail Trail, within walking distance of Downtown Hudson with it's interesting array of shops and restaurants. See Attached ANR plan.
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| Sep 2, 1992 | Sold | ||
| Sold | |||
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Address: 335 Madison Avenue, New York, NY 10017