116 Mill St
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 |
|---|---|---|---|
| Sep 5, 2025 | Sold | ||
| Sold | |||
| Aug 7, 2025 | In contract | - | |
| In contract | |||
| Jul 27, 2025 | Price Decreased |
$469,000
↓ $6K
(1.3%) | |
| Price Decreased | |||
| Jul 21, 2025 | Price Decreased |
$475,000
↓ $10K
(2.1%) | |
| Price Decreased | |||
| Jul 9, 2025 | Listed by Lamacchia Realty, Inc. | $485,000 | |
| Listed by Lamacchia Realty, Inc. | |||
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Welcome home to 116 Mill St, minutes away from the highway as well as the commuter rail. Home has ample front parking, as well as additional parking in the back yard if needed. Home is fully fenced for privacy as well as a brand new back deck to enjoy your morning coffee on. Enter through the front door and you'll be welcomed into the main living space with fireplace. Towards the back left you will find the kitchen and dining area with access to the side deck and back yard. On the other side of the home will be the two spacious bedrooms and full bathroom. Home has beautiful hardwood floors throughout as well. Need additional storage space? Home has a large full unfinished basement where the laundry is located as well. Seller has brand new solar panels installed which are fully paid off! Come make 116 Mill Street your new home today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017