58088 Towne Road
About This Property
The remodeled brick house offers a refreshing modern aesthetic both inside and out. There are two bedrooms and one bathroom. A game room offers ping pong and outdoor furniture beckons for visitors to linger outside.
Enjoy for yourself and when you are not using it, rent it for others to enjoy! Vacation property management is already in place.
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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 |
|---|---|---|---|
| Jul 5, 2019 | Sold | ||
| Sold | |||
| May 15, 2019 | Listed by Deco Realty | $249,900 | |
| Listed by Deco Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017