100 Millstone Road
About This Property
The eat-in kitchen offers you granite counters, farm sink, stainless steel appliances and a true openness into the rest of the entertaining space. Off the family room, you will step down into a sun-filled three season room – which opens out onto the paver patio. This floor also has 3 roomy bedrooms and 1 ½ baths. The basement is finished with a bar for entertaining and additional family room even a small performance stage! Bilco doors give quick access back to that beautiful back yard. If this was not special enough do not ignore the oversized front entrance two car garage that offers you immediate entrance to house, to back yard as well as a bonus workshop with an additional overhead door just perfect for parking a riding mower! Put this one on your must-see list today!
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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 11, 2020 | Sold | ||
| Sold | |||
| Oct 7, 2020 | Listed by Berkshire Hathaway HomeServices Fox & Roach - Perrineville | $449,900 | |
| Listed by Berkshire Hathaway HomeServices Fox & Roach - Perrineville | |||
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About Monmouth
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017