31 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 |
|---|---|---|---|
| Jun 15, 2020 | Sold | ||
| Sold | |||
| Apr 28, 2020 | Listed by Keller Williams Realty Greater Worcester | $259,900 | |
| Listed by Keller Williams Realty Greater Worcester | |||
| Aug 6, 2009 | Sold | ||
| Sold | |||
| Feb 18, 2009 | Listed by Orbit Realty | $94,900 | |
| Listed by Orbit Realty | |||
| | |||
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Convenient, residential location for this single family home with lots of potential! Unfinished second floor and some split pipes. Wood floors and replacement windows. Acceptance of good faith monies in escrow w/out an executed P&S Agreement doesn't bind seller. Contracts must be returned w/in 48 hours from receipt or seller will cancel. Buyer/buyer agent to complete all due diligence to buyer's satisfaction. Buyers cannot be given lockbox code & must be accompanied!
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| Aug 25, 2005 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017