15 Mills Place
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 2, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| May 14, 2025 | Price Increased |
$585,000
↑ $60K
(11.4%) | |
| Price Increased | |||
| Apr 17, 2025 | Listed by RE/MAX Town & Country | $525,000 | |
| Listed by RE/MAX Town & Country | |||
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Deal of the century. This is a once in a lifetime opportunity. Property massively reduced by over 200k. Seller is respectfully requesting that all offers meet or exceed the list price. In Milton there is a custom contemporary Post and Beam Lindal Cedar Home Prowstar model w/ optional Polar Cap roof. Fully remodeled and updated. 2,537 Sqft plus partially finished 740 sqft walk out basement onto large patio and Attached 2 Car Garage. Rare to find home in the area that has natural gas heating/cooking. City water supply drawn from the Delaware Aqueduct. Enormous main living room w/ 2 story windows and 19’ ceiling. Cathedral ceilings throughout w/ exposed cedar beams 3 Bedrooms w/ 2 Full Baths and 1/2 bath. staircase to balcony overlooking living room leads to primary bedroom suite with French doors out onto private balcony w/ mountain views. Walk in closet with built in shelves 275 gal 2 person Jacuzzi, twin sinks w/ marble countertops and fully tiled 2 person walk in shower w/ seating & twin shower heads. Remodeled kitchen w/ island, SS appliances, natural gas 5 burner stove, granite countertops, glass tile backsplash, twin SS sinks and 2 floor to ceiling cupboards. Remodeled guest bathroom w/ travertine tile, solid wood cabinets, marble countertops w/ twin sinks, Kohler Tea for Two 6’ cast iron heated and bubble jet tub,16”x16” rainfall shower head plus handheld shower head and real teak ceiling w/ recessed lights. Two story living room with incredible sunrises and lighting. Enormous Great Room with new 45K btu natural gas fireplace and French door leading onto another large private balcony plus 14’ ceiling and gleaming Brazilian Cherry floors New GAF roof w/ architectural shingles and 50 year written guarantee. 8.5kw solar panels w/ upgraded invertor for future energy storage panels and full off grid potential. New HVAC systems updated to current Freon standards. Rinnai commercial grade 199K btu on demand hot water heater. Never run out of hot water. Beautiful level 1 acre property. Enjoy the quiet relaxing on the huge wrap around deck or any of the private balconies. Only minutes to major highways, International airport, Metro North to NYC or Albany, shopping, top rated restaurants in the Culinary Institute of America, dozens of wineries and pick your own organic farms and four major colleges : Vassar, Bard, Marist and SUNY New Paltz. Must See to Appreciate! Property is zoned Residential and Agricultural.
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| Apr 16, 2025 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017