116 Mill Street #304
About This Property
The manager has listed the unit size as 772 square feet.
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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 |
|---|---|---|---|
| Feb 22, 2024 | Sold | ||
| Sold | |||
| Jan 10, 2024 | In contract | - | |
| In contract | |||
| Jan 3, 2024 | Listed | $209,900 | |
| Listed | |||
| | |||
|
Welcome to effortless living in this 1bed, 1bath condo! Nestled in a professionally maintained complex, this updated unit on the top floor boasts modern charm & convenience. With vaulted ceilings & a walk-in closet, relish the spaciousness that defines this prime residence. Immerse yourself in the condo's offerings, including in-unit laundry for ultimate convenience. Step onto your private balcony to enjoy scenic views. The low association fees unlock access to on-site amenities such as a pool, clubhouse, gym, and even a car wash/vacuum station. Ideal for both owners and investors, this condo provides a serene escape while being centrally located. Benefit from easy commutes with close proximity to major highways. Explore nearby attractions, shopping, & the historical charm of the area. Discover the epitome of easy living – this condo not only captures modern comfort but also offers a prime location for those who value accessibility and a vibrant community. Don't miss this opportunity!
| |||
| Oct 16, 2019 | Sold | ||
| Sold | |||
| Sep 6, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
01/03/2024
|
1 Bed
|
1 Bath
|
772 ft²
|
$209,900
1 Bed
1 Bath
772 ft²
|
$215,000
+2.43%
02/22/2024
|
Spectrum Real Estate Consultants
Keller Williams Realty Leading Edge
| |
|
02/19/2020
|
2 Bed
|
2 Bath
|
1052 ft²
|
$154,900
2 Bed
2 Bath
1052 ft²
|
$154,500
-0.26%
04/21/2020
|
Dan Saffer
| |
|
08/21/2019
|
1 Bed
|
1 Bath
|
772 ft²
|
$134,900
1 Bed
1 Bath
772 ft²
|
$130,000
-3.63%
10/16/2019
|
Jason Araujo
| |
|
06/05/2019
|
2 Bed
|
2 Bath
|
1052 ft²
|
$149,900
2 Bed
2 Bath
1052 ft²
|
$146,000
-2.60%
08/21/2019
|
Katie Wright
| |
|
04/30/2019
|
2 Bed
|
2 Bath
|
1052 ft²
|
$134,900
2 Bed
2 Bath
1052 ft²
|
$140,000
+3.78%
06/17/2019
|
Mark Leeman
| |
|
07/01/2008
|
1 Bed
|
1 Bath
|
772 ft²
|
$109,000
1 Bed
1 Bath
772 ft²
|
$109,000
10/17/2008
|
Sheri Bishop
HomeSmart Professionals Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017