412 Tower Avenue
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 26, 2024 | Sold | ||
| Sold | |||
| May 29, 2024 | In contract | - | |
| In contract | |||
| Mar 28, 2024 | No longer available | - | |
| No longer available | |||
| Mar 27, 2024 | Listed by RE/MAX ONE - Premier | $335,000 | |
| Listed by RE/MAX ONE - Premier | |||
| | |||
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Custom home with so many cozy features! Side entry garage enhances the homes already striking curb appeal! Front and back covered brick patios! Sitting on 1/3 acre, with tree lined back boundary, you get the feel of seclusion while still being at the edge of town close to schools and amenities! Anahuac Elementary is just across the way! Beautiful glass front door, with transom window, is elegant and inviting opening to the grand living space flowing seamless to the kitchen and dining! Fitted cabinetry and built-ins throughout the home! Primary bedroom is its own private retreat with sitting area, en-suite bathroom and a door that brings you out to that covered back porch for the ultimate relaxation! This is the home you have been looking for! It's got the look, the location, the whole package!
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| Mar 19, 2024 | Price Decreased |
$335,000
↓ $20K
(5.6%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017