972 Tower Road
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 |
|---|---|---|---|
| Mar 7, 2025 | Sold | ||
| Sold | |||
| Jan 31, 2025 | In contract | - | |
| In contract | |||
| Jan 15, 2025 | Listed by @properties Christie's International Real Estate | $699,000 | |
| Listed by @properties Christie's International Real Estate | |||
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Oct 10, 2024 | Listed by @properties Christie's International Real Estate | $699,000 | |
| Listed by @properties Christie's International Real Estate | |||
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BEST VALUE IN EAST WINNETKA! Not a thing to do to this quaint 2 + 1 bedroom, 2 bathroom home set in the heart of Winnetka. The classic entry with double closets opens to a sun-drenched living room with a fantastic picture window overlooking the generous backyard. Enjoy open-concept living with the adjacent dining room featuring plantation shutters and custom built-ins and updated kitchen with stainless steel appliances and a long runway of granite countertops-perfect for prepping and entertaining. Tucked just beyond the kitchen is a cozy nook with built-in bench & extra storage plus an eye-catching designer pop of custom cabinetry, great for a sophisticated bar set up, or extra kitchen storage-and the big plus is the walk-in pantry nice for both everyday items and overflow. The second floor features a hall bath with tub, two bedrooms-one being the primary with loads of built-ins for extra closet space and an ensuite bath. The finished, light-filled basement includes a versatile family room, an adjacent bonus room that can be used as another bedroom or office, laundry and mechanical rooms. It's all here-open concept living at its best, fully fenced, large yard with tons of mature trees, generous 2 car garage, 1 year old roof, newly paved driveway. Fantastic location close to both Hubbard Woods and downtown Winnetka, schools, train, parks and grocery. This solid, well-built home offers so much, it can't be beat at this price point!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017