131 Windmill Drive
About This Property
provides the perfect blend of comfort, functionality, and outdoor living. Enjoy the tranquility of your own private oasis while being close
enough to all the desired conveniences of town. With ample space for outdoor activities, gardening, or simply soaking up the peaceful
surroundings, there is something here for everyone. Relax and unwind on the screened-in porch, perfect for sipping morning coffee,
entertaining guests, or enjoying peaceful evenings with your favorite beverage. The massive 30 x 40 shop offers endless possibilities for
projects, storage, or extra parking. Recent updates throughout make this home move-in ready. If 5 acres isn't quite enough, there is an additional 5 acres available directly across the road. Is a FAMILY COMPOUND your heart's desire? Check out MLS #20987392 and #20987277 to complete the package.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Oct 31, 2025 | Sold | ||
| Sold | |||
| Aug 27, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Listed by RE/MAX Signature Properties, M | $660,000 | |
| Listed by RE/MAX Signature Properties, M | |||
| Jun 4, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 31, 2025 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017