401 Tower Avenue
About This Property
Key Features:
Open Concept Living: Step into a bright, spacious first floor where the living room, dining area, and state-of-the-art kitchen flow seamlessly together. The kitchen features sleek quartz countertops, a pantry, a versatile study-den, and a convenient half bathroom.
Elegant Bedrooms: Upstairs, you'll find two generously sized bedrooms, each with plenty of closet space and natural light, creating a warm and inviting atmosphere.
Luxurious Primary Suite: The primary suite is your private retreat, complete with tray ceilings, a walk-in closet, and a stunning en-suite bathroom with a standing shower with beautiful stone floors.
Family-Friendly Bathroom: The main bathroom on the second floor is perfect for families, with a tub, grey subway tiling, and a large vanity.
Convenient Garage: Enjoy the added convenience of secure parking with a garage.
Additional features include a second-floor laundry room, easy attic access, and a low-maintenance lot. Schedule a tour today to see for yourself! Additional Information: Cooling:SEER Rating 12+,ParkingFeatures:1 Car Attached,
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Cap Rate Calculator
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 |
|---|---|---|---|
| Nov 25, 2024 | Sold | ||
| Sold | |||
| Sep 17, 2024 | In contract | - | |
| In contract | |||
| Aug 14, 2024 | Price Decreased |
$417,999
↓ $501
(0.1%) | |
| Price Decreased | |||
| Jun 22, 2024 | Relisted | $418,500 | |
| Relisted | |||
| Jun 12, 2024 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017