31 Olde Tower Lane
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 3, 2025 | Sold | ||
| Sold | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| Aug 21, 2024 | Listed by LAER Realty Partners | $1,200,000 | |
| Listed by LAER Realty Partners | |||
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Have you run out of space for your family? Located on a dead end street convenient to 95 and shopping. Almost 5000 sq. ft. of living area between the main living area, finished third floor and finished basement. Newer gourmet kitchen that opens to a spacious dining room and vaulted ceiling family room with a woodburning fireplace. Hardwood floors throughout the first floor including the home office. The fenced in backyard is amazing for your family gatherings. Over sized 40 foot inground pool with a newer liner and diving board. Plenty of deck space for lounging and entertaining. Basketball court that can be converted into a pickleball court. The finished basement has a builtin bar and full bath, plus room for storage.
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| Mar 31, 2006 | Sold | ||
| Sold | |||
| Nov 18, 2005 | Listed by LAER Realty Partners | $679,900 | |
| Listed by LAER Realty Partners | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017