8 Tower Road
About This Property
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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.
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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 25, 2025 | Sold | ||
| Sold | |||
| May 10, 2025 | In contract | - | |
| In contract | |||
| Apr 2, 2025 | Price Decreased |
$1,350,000
↓ $100K
(6.9%) | |
| Price Decreased | |||
| Mar 4, 2025 | Listed by Coldwell Banker American Homes | $1,450,000 | |
| Listed by Coldwell Banker American Homes | |||
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Privacy Galore.....Dead End Street..... .87 Of an Acre, This Charming 1918 Homestead is a blend of yesteryear with the amenities one would expect today. This Colonial offers 11 Rooms, 6 Bedrooms, and 3 Baths. The 2 Car Garage is oversized & has Electric openers, room for lots of storage and has an inside entry. The two fireplaces warm the Chilly evenings, The Great Room has a Gas Fireplace with Remote Start and the Skylit Sunroom has a wood burning stove. ( Bring on the Marshmellows.) The Kitchen was renovated recently, with Gas Cooking, Plenty of counter space & White Cabinetry, SS Appliances and the most unique gorgeous granite counters, along with a Breakfast Bar. The three bathrooms also have been renovated connecting the charm of this home with updates a discerning buyer expects. The Primary EnSuite has 2 WICs and a Bathroom, a place to refuge to, after a long busy day. The house is wired for Sound & fully for Internet-Fiber High Speed Connectivity. The right basement is finished into a game room and has the gas heating plant, and the left basement has the oil Heating Plant, which is accessed through the Bilco Outside door. The Heated In Ground Pool is separately PVC fenced and ready for Marco Polo Games this Summer !!! The rest of the backyard has aluminum and wire fencing to keep your four legged family members from straying. There's an Association Beach, Red Spring Becomes Seaward to end, make right.....follow down to gate .......walk around gate to beach.....$400 annually. Private Location, the backyard abutts a Glen Cove Preserve, which insures your current and future privacy!! Come and see for yourself if this checks off all your Boxes !!! It's a Heart Melter!!! Hurry !!!
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| Jul 11, 2018 | Sold | ||
| Sold | |||
Property Highlights
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About Glen Cove
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$6,000 /mo
- 2 Beds
- 1 Bath
- 1,320 ft²
$3,500 /mo
- 1 Bed
- 1 Bath
- 669 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017