5 TOWER Road
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 |
|---|---|---|---|
| Nov 20, 2024 | Sold | ||
| Sold | |||
| Oct 16, 2024 | In contract | - | |
| In contract | |||
| Sep 25, 2024 | In contract | - | |
| In contract | |||
| Sep 17, 2024 | Listed by Houlihan Lawrence Inc. | $695,000 | |
| Listed by Houlihan Lawrence Inc. | |||
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This expansive and appealing Cape Cod home presents a remarkable blend of modern renovation and classic architectural elements, making it a truly standout property. Two primary suites, one on the main floor, provide versatile living options. Custom details throughout add to the feeling of luxurious living. Enjoy Brazilian Koa floors, custom cabinetry, shelving, and moldings, and a chef’s kitchen with gourmet design elements, reflecting craftsmanship and attention to detail. The large granite island leads to a brick fireplace and opens to the family room with a wall of windows. The open concept floor plan flows to the landscaped backyard oasis with a cozy covered deck, leading to stairs down to a large outdoor hardscape patio area. The inground pool with poolhouse and stone patio completes your private backyard paradise. The upstairs primary suite is a true retreat, with a wall of windows, cozy sitting area, and a spa-like bathroom featuring a 2-person jetted tub, skylight, walk-in-closet, and custom tile and cabinetry. Recent updates include new central air with heat pump, ductless AC, UV water filter, generator hook-up, custom greenhouse fit for a master gardener, and a cozy and modern ethanol fireplace in the living room. Hopewell Junction living and a gateway to the Hudson Valley, yet close to the Taconic for an easy commute. Additional Information: HeatingFuel:Oil Above Ground,ParkingFeatures:2 Car Attached,
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| Sep 9, 2020 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017