71 Towhee Ln
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 |
|---|---|---|---|
| Aug 26, 2025 | Sold | ||
| Sold | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| Jun 16, 2025 | Price Decreased |
$10,250,000
↓ $500K
(4.7%) | |
| Price Decreased | |||
| Nov 28, 2024 | Price Decreased |
$10,750,000
↓ $245K
(2.2%) | |
| Price Decreased | |||
| Sep 18, 2024 | Listed by Berkshire Hathaway HomeServices Robert Paul Properties | $10,995,000 | |
| Listed by Berkshire Hathaway HomeServices Robert Paul Properties | |||
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Extraordinary new construction on sought-after Pleasant Bay. This rare opportunity features a five-bedroom residence with a swimming pool, boathouse, deeded beach access, and rights to a private mooring. Showcasing unsurpassed quality and craftsmanship, the open-concept living and dining area flows into the gourmet kitchen with top-of-the-line appliances. Sliding glass doors open to the pool and spa area, complete with a cabana and sweeping views. A secluded first-floor primary suite offers total comfort and convenience, boasting a large walk-in closet and luxurious bathroom. On the second level, three well-appointed bedroom suites all enjoy bay views. Additional highlights include a finished walkout lower level, a newly renovated boathouse, and a three-car garage with a guest apartment above. This one-of-a-kind estate delivers Cape Cod living at its best, located minutes from Wequassett Resort, Eastward Ho, and everything else the area has to offer.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017