554570 TOWER HILL 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%.
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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 |
|---|---|---|---|
| Dec 28, 2021 | Sold | ||
| Sold | |||
| Aug 31, 2021 | Listed by GEORGE T. WHALEN REAL ESTATE ML | $1,625,000 | |
| Listed by GEORGE T. WHALEN REAL ESTATE ML | |||
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A delightful property in the heart of Millbrook Hunt Country, a superb picturesque location in the scenic Hudson Valley. This circa 1820s home situated on 19+ acres is a treasure and will make the perfect country retreat. With approximately 4400 square feet, it is inviting and beautifully lit with an abundance of natural light. The charm and details throughout exude a warm, comfortable feeling, including spacious rooms for gathering friends and family, three wood burning fireplaces, and lovely wood flooring. There is a two story barn with a finished second floor and an attached two car garage. Attractive setting with meadows, woodlands and splendid views of neighboring farms. The perfect country setting to escape to, less than 2 hours to NYC and minutes to Amenia and Millbrook. 24 hour notice required for accompanied showings.,Other School:PRIVATE,AboveGrade:4389,Level 2 Desc:PRINCIPAL BR SUITE, 6 ADDITIONAL BRS, 2 FULL BATHS,Heating:Zoned,ExteriorFeatures:Landscaped,FLOORING:Wood,Tile,Wide Board,InteriorFeatures:Walk-In Closets,French Doors,OTHERROOMS:Pantry,Laundry/Util. Room,Basement:Sump Pump,Interior Access,ROOF:Asphalt Shingles,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,FOUNDATION:Stone,Level 1 Desc:LR W/FP,SR,PR,OFFICE,DR,MR,EIK,BR, BATH, LDRY
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017