3607 TOWER Way
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 |
|---|---|---|---|
| Sep 26, 2023 | Sold | ||
| Sold | |||
| Jul 28, 2023 | Listed by Virtual Properties Realty.com | $399,000 | |
| Listed by Virtual Properties Realty.com | |||
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Beautiful new construction has LVP floors, open kitchen that has quartz countertops, spacious family room. Floor to ceiling tile in owner’s suite bathroom. Additional features include; Tankless water heater, spray foam insulation, and 18 ft ceilings. The 3 bedroom, 2 bathroom new build is located in a Lake Lanier community, Surfside Estates! Included is a private community boat ramp.
Property is conveniently located off 365/985. Minutes from a Publix that is underway. This home is complete and move in ready!
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| May 15, 1998 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017