56 Tower Hill Rd
About This Property
Payment Calculator
Your Estimated Monthly Payment
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 |
|---|---|---|---|
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Jan 23, 2025 | Listed | $700,000 | |
| Listed | |||
| | |||
|
Discover over 4,600 sq. ft. of luxurious living on nearly 4 private acres, complete with an in-law apartment and private entrance. The versatile floor plan features a chef’s kitchen with an open layout, a main-level primary suite, three spacious upstairs bedrooms, and a partially finished basement with a media/game room—offering space for everyone. Outside, enjoy your private oasis with an inground pool, bar/cabana, and outdoor shower, perfect for entertaining or relaxing year-round. A 28x36 two-story barn with heat, electricity, and water provides endless possibilities as a workshop, studio, or storage. This property blends comfort, style, and functionality, making it ideal for staycations and entertaining. A rare opportunity to own a truly exceptional home! Recent upgrades include Harman pellet stove & chimney liner (2024 APO), new wall to wall carpeting (2023 APO), new water heater (2025 APO).
| |||
| Nov 21, 2023 | Sold | ||
| Sold | |||
| Oct 30, 2023 | In contract | - | |
| In contract | |||
| Oct 27, 2023 | Listed by RE/MAX Connections | $625,000 | |
| Listed by RE/MAX Connections | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017