1468 Millstream LANE #103
About This Property
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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 |
|---|---|---|---|
| Sep 9, 2022 | Sold | ||
| Sold | |||
| Aug 6, 2022 | Listed by FUTURE HOME REALTY INC | $155,000 | |
| Listed by FUTURE HOME REALTY INC | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
02/23/2024
| |
2 Bed
|
2 Bath
|
835 ft²
|
$299,000
2 Bed
2 Bath
835 ft²
|
-
-
|
Erica Etjeke
Engel & Volkers Belleair
|
|
02/14/2024
|
2 Bed
|
2 Bath
|
835 ft²
|
$299,000
2 Bed
2 Bath
835 ft²
|
$284,500
-4.85%
05/08/2024
|
Erica Etjeke
Engel & Volkers Belleair
| |
|
08/06/2022
|
1 Bed
|
1 Bath
|
610 ft²
|
$155,000
1 Bed
1 Bath
610 ft²
|
$178,000
+14.84%
09/09/2022
|
Quyen Trujillo
CHARLES RUTENBERG REALTY INC
| |
|
07/02/2021
|
2 Bed
|
2 Bath
|
835 ft²
|
$175,000
2 Bed
2 Bath
835 ft²
|
-
-
|
Dennis J Smith
Beachy Beach Real Estate
| |
|
12/22/2020
|
2 Bed
|
2 Bath
|
985 ft²
|
$163,500
2 Bed
2 Bath
985 ft²
|
$160,000
-2.14%
02/22/2021
|
Patricia Harris
| |
|
07/08/2019
|
2 Bed
|
2 Bath
|
835 ft²
|
$145,000
2 Bed
2 Bath
835 ft²
|
-
-
|
Peter Petrilli
PREMIER SOTHEBYS INTL REALTY
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017