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5402 Tower Rd
About This Property
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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 |
|---|---|---|---|
| Oct 20, 2026 | Price Decreased |
$344,800
↓ $200
(0.1%) | |
| Price Decreased | |||
| Oct 9, 2026 | Listed | $345,000 | |
| Listed | |||
| Nov 13, 2022 | Sold | ||
| Sold | |||
| Sep 12, 2022 | Listed by Keller Williams Realty LLC | $351,500 | |
| Listed by Keller Williams Realty LLC | |||
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1,133 sq. ft. 2-bedroom, 2.5-bathroom, Secondary Suite, Balcony off Primary Suite, Black Appliances, pantry Washer/ Dryer, Farmhouse Kitchen Sink, Granite Counter Tops, Eat in Island, Built in Desk, LED Disk Lighting, soft close cabinets, floating vanity in primary and secondary bathroom, air conditioner, 1 assigned parking space. Ready now!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017