105 Millpoint Drive
About This Property
Every surface of this tastefully decorated 1-bedroom, 1-bath condo has been meticulously updated over the past 8 years. Enjoy the beautiful natural light and stunning river views from your private patio. The bathroom features a luxurious tiled walk-in shower, and the unit comfortably sleeps four guests.
Convenience is key with dedicated carport parking right in front of the ground-floor unit, providing easy access. The condo is being sold turnkey, fully equipped with everything that you need to continue its success as a short-term rental. Airbnb/Vrbo rental, this unit offers a unique investment opportunity. Or make it your permanent residence and live every day like you're on vacation.
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Cap Rate Calculator
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
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/10/2024
| |
1 Bed
|
1 Bath
|
698 ft²
|
$325,000
1 Bed
1 Bath
698 ft²
|
$285,000
-12.31%
08/23/2024
|
Laura Marcus-Nolan
Greenridge Realty
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017