1201 Milne Drive
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 |
|---|---|---|---|
| Aug 31, 2017 | Sold | ||
| Sold | |||
| Jul 29, 2017 | Listed | $239,900 | |
| Listed | |||
| | |||
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This charming and very well-priced two-story home in a popular area of Lockport won't last long! It sports three bedrooms, 2.5 baths, with a master bath. The eat-in kitchen overlooks the cozy family room, which features a fireplace and a sliding door to the rear patio area. The formal dining room and living room and powder room on the main level finish off this 2,000+- sq ft home. The country-style front porch is perfect for relaxing. The rear patio area has paver bricks and a fire pit for additional outdoor entertaining. The full basement is clean as a whistle, with professionally painted flooring. Two-car attached garage. Home warranty included, and quick possession.The manager has listed the unit size as 2000 square feet.
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| Jul 8, 2017 | Listed by R M Post Realtors | $239,900 | |
| Listed by R M Post Realtors | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017