9 Tower Road
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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 1, 2025 | Sold | ||
| Sold | |||
| Apr 2, 2025 | In contract | - | |
| In contract | |||
| Mar 15, 2025 | In contract | - | |
| In contract | |||
| Mar 2, 2025 | Listed by HomeSmart Homes & Estates | $549,000 | |
| Listed by HomeSmart Homes & Estates | |||
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Accepted Offer. HIGHEST & BEST OFFER BY WEDNESDAY MARCH 12TH AT 2PM. Nestled at the top of Seminary Hill in Lake Carmel is where you will find this spacious and well maintained raised ranch with 3 bedrooms and 2 full baths. The primary bedroom has double closets and ensuite. The home boasts hardwood floors on the upper level and an original brick fireplace. You will appreciate the open flow through the kitchen with double pass throughs to the living room and family room. The large family room with tall cathedral ceilings features oversized skylights and large windows filling the space with abundant natural light. And the walkout access to the rear deck makes this a perfect home for hosting parties and holiday get togethers. Enjoy cookouts and cocktails on the deck with a retractable awning for those soon to come hot summer days, while the kids play on the play-set and stay cool in the pool. The lower level (888 square feet) is fully finished with laundry and access to the twin bay garage. Plus it features a large rear room with walkout access, well suited for a home office. This property is close to multiple shopping centers, emergency services, schools, main commuting roads, and local restaurants and bars. Don't lose the opportunity to make this lovely home yours! Schedule your tour today. Oil tank above ground. Home has transfer switch for generator hookup. Taxes listed without STAR.
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| Sep 9, 2016 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017