12422 Mill Ridge 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 |
|---|---|---|---|
| Jul 28, 2022 | Sold | ||
| Sold | |||
| Jun 15, 2022 | Listed by BHGRE Gary Greene | $199,900 | |
| Listed by BHGRE Gary Greene | |||
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SELLER HAS ACCEPTED AN OFFER. Charming 1-story home in the established neighborhood of Mill Ridge. Home boasts recent roof in May 2022 and A/C tune up! Fresh exterior and interior paint make this home move-in ready! Open the door to beautiful laminate wood flooring that flows from entry, family room, formal dining room and all bedrooms! Gorgeous travertine tile flooring in kitchen and bathrooms are so easy to maintain! Floor to ceiling brick gas fireplace steals the show sharing a wall with the formal dining and family rooms! Kitchen offers dark stained cabinets, granite countertops, breakfast bar and stainless-steel appliances including a gas range! Spacious primary bedroom with ensuite bathroom features dual sink vanity with knee space! Two secondary bedrooms and full sized bathroom finishes out the living spaces! Step outside onto a shady patio area and a large backyard with plenty of greenspace for whatever your hearts desires! Schedule a showing today!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017