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9 Tower Hill Rd
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 |
|---|---|---|---|
| Dec 30, 2015 | Sold | ||
| Sold | |||
| Jul 29, 2015 | Listed by Thread Real Estate, LLC | $434,900 | |
| Listed by Thread Real Estate, LLC | |||
| Jul 14, 2011 | Listed by Thread Real Estate, LLC | $429,000 | |
| Listed by Thread Real Estate, LLC | |||
| Feb 17, 2006 | Sold | ||
| Sold | |||
| Apr 29, 2005 | Listed | $399,900 | |
| Listed | |||
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Large Immaculate Raised Ranch in very convenient location. Hardwood floors, central air. Nice 3 season porch. Well water for landscaping. Circular drive, corner lot. Pretty Back Yard with storage shed. Walk to Sunset Lake and Braintree Square.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017