1255 Mills Cove 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 |
|---|---|---|---|
| Jun 18, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | Listed by First United Realty of Atlanta, LLC. | $289,900 | |
| Listed by First United Realty of Atlanta, LLC. | |||
| | |||
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Two-Story home with 4 bedrooms and 2.5 bath. Large/Level lot with plenty of room for gardening and play. Kitchen opens to family room. Stainless steel appliances and beautiful solid surface countertops. Covered front porch to relax and enjoy. $177.50 Pyramid Platform technology fee(plus sales tax, where applicable) will be paid from the Listing Broker commission at closing. $177.50 Offer Management fee will be paid from Buyer's Broker commission at closing.
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| Jun 24, 2016 | Sold | ||
| Sold | |||
| Sep 27, 2013 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017