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136 Mill Road
About This Property
Perfectly situated behind the Pine Barrens, this magnificent home offers a private, lush, and secluded setting on 1.19 acres with its own private drive. The property includes an incredible detached 1+ car heated garage in addition to a 2 car garage, a brand-new roof, and abundant outdoor amenities.
Inside, you'll find a home filled with character and exceptional features: hardwood floors, Andersen windows, 200-amp electric, granite countertops, a large kitchen island with ample seating, gas cooking on a Viking stove, a formal dining room, soaring ceilings, and a stately wood-burning fireplace. The convenience of a first-floor bedroom adds to the home's versatility. All bedrooms are generously sized with excellent closet space. A huge Bonus Room offers additional space to use however you like!
Additional upgrades include a trash compactor, garbage disposal, propane hookup for the grill, central vac, and a storage shed-plus the highly sought-after Eastport–South Manor School District.
The massive walk out basement with sliders provides endless potential for recreation or expansion. Newer air on lower level,
Outdoors, enjoy a tremendous yard featuring a kidney-shaped heated pool, pool liner and cover just 2 years old, surrounding deck, and a beautiful stone outdoor fireplace-your own private oasis perfect for entertaining or relaxing.
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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.
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017