503 Tower Avenue
About This Property
Commuter great location, Taxes does not include the STAR Program reduces it $700+ ACCEPTED OFFER, INSPECTION COMPLETED SHOWING FOR BACK UP.
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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 |
|---|---|---|---|
| Aug 18, 2023 | Sold | ||
| Sold | |||
| May 31, 2023 | In contract | - | |
| In contract | |||
| Apr 25, 2023 | Listed by HomeSmart Homes & Estates | $395,000 | |
| Listed by HomeSmart Homes & Estates | |||
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Lovely Colonial home, 3 levels including unfinished basement ready to use as you desire. Large kitchen , washer and dryer room on main level, family room off kitchen as well. Front formal living room. Master suite with full bathroom on the second level, 2 bedrooms upstairs with 2nd full bathroom . Lowest level is a full unfinished basement with high ceilings. Current family had it as storage area, exercise area and ping pong and dart board area. Plenty of personal options. The home was just fully professionally painted along with cosmetic work completed. Commuter great location, Taxes does not include the STAR Program reduces it $700+ ACCEPTED OFFER, INSPECTION COMPLETED SHOWING FOR BACK UP.
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| Feb 24, 2003 | Sold | ||
| Sold | |||
| Jul 25, 2001 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017