54 Townsend 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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| May 8, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Price Decreased |
$2,450,000
↓ $100K
(3.9%) | |
| Price Decreased | |||
| Apr 10, 2025 | Listed | $2,550,000 | |
| Listed | |||
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Newly renovated Colonial in desirable Burbank neighborhood. Nestled on a flat, landscaped yard, this stunning home has been tastefully redesigned with attention to detail and quality finishes. Open concept first floor features fireplaced living room, dining room with sliders to a mahogany deck, a beautiful chef's kitchen with gray cabinets, quartz countertops, island and pantry, a wonderful family room and half bath. 2nd floor boasts a tranquil primary en suite with walk in closet, private deck and honed marble bath with standing tub, two additional bedrooms, all with California closet systems, and full bath. Carpeted 3rd floor with skylight. Lower level with bonus space and spacious laundry room with custom cabinets. Recessed lighting, hardwood floors with cherry inlay. 2 car garage and driveway lined with pavers. Bluestone patio and walkways. Close to the 73 bus to Harvard Sq/Sta, refurbished Payson Park and Payson Park Reservoir, shops and restaurants. Welcome home!
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| Oct 6, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017