16 Mill Street #26
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 |
|---|---|---|---|
| Jan 4, 2020 | No longer available | - | |
| No longer available | |||
| Dec 22, 2019 | Price Decreased |
$88,000
↓ $1K
(1.1%) | |
| Price Decreased | |||
| Nov 9, 2019 | Listed | $89,000 | |
| Listed | |||
| | |||
|
Low maintenance, one story living! Perfect for a small household or even as an income property. Views of the river from the living room surely will not disappoint. Come check out this convenient and peaceful location. The manager has listed the unit size as 864 square feet.
| |||
| Apr 24, 2019 | No longer available | - | |
| No longer available | |||
| Apr 3, 2019 | Listed | $80,000 | |
| Listed | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/08/2024
| |
2 Bed
|
1 Bath
|
864 ft²
|
$190,000
2 Bed
1 Bath
864 ft²
|
-
-
|
Ann Lapierre
Town Square Realty Group
|
|
07/20/2023
|
2 Bed
|
1 Bath
|
-
|
$195,000
2 Bed
1 Bath
|
$169,900
-12.87%
02/14/2024
|
Brian Samia Gary Samia
Century 21 Samia Realty
| |
|
09/06/2023
|
2 Bed
|
1 Bath
|
-
|
$184,900
2 Bed
1 Bath
|
-
-
|
Carmen Lessard
RE/MAX Realty One
| |
|
10/13/2022
|
2 Bed
|
1 Bath
|
-
|
$159,900
2 Bed
1 Bath
|
-
-
|
Brian Samia Gary Samia
Century 21 North East
| |
|
05/05/2022
|
2 Bed
|
1 Bath
|
-
|
$149,900
2 Bed
1 Bath
|
-
-
|
Brian Samia Gary Samia
Century 21 North East
| |
|
01/22/2022
|
2 Bed
|
1 Bath
|
-
|
$89,900
2 Bed
1 Bath
|
-
-
|
Joyce Veroneau
Coldwell Banker Realty
| |
|
08/25/2021
|
2 Bed
|
1 Bath
|
-
|
$130,000
2 Bed
1 Bath
|
-
-
|
Ben Gallagher
Keller Williams - Greater Portland
| |
|
08/17/2021
|
2 Bed
|
1 Bath
|
-
|
$129,900
2 Bed
1 Bath
|
$145,000
+11.62%
10/05/2021
|
Catherine Bame
Coldwell Banker Realty
| |
|
08/03/2020
|
2 Bed
|
1 Bath
|
-
|
$78,900
2 Bed
1 Bath
|
$78,900
10/15/2020
|
Danielle Lape
| |
|
06/10/2020
|
2 Bed
|
1 Bath
|
-
|
$86,000
2 Bed
1 Bath
|
$90,000
+4.65%
07/21/2020
|
Frank Hennings
| |
|
03/09/2020
|
2 Bed
|
1 Bath
|
-
|
$80,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
02/26/2020
|
2 Bed
|
1 Bath
|
864 ft²
|
$75,000
2 Bed
1 Bath
864 ft²
|
$68,355
-8.86%
05/15/2020
|
William Somerset
RE/MAX Realty Group
| |
|
11/09/2019
|
2 Bed
|
1 Bath
|
864 ft²
|
$89,000
2 Bed
1 Bath
864 ft²
|
-
-
|
-
| |
|
10/04/2019
|
2 Bed
|
1 Bath
|
-
|
$70,000
2 Bed
1 Bath
|
$87,500
+25.00%
11/06/2019
|
Margaret Hill
| |
|
04/03/2019
|
2 Bed
|
1 Bath
|
-
|
$80,000
2 Bed
1 Bath
|
-
-
|
-
| |
|
10/12/2018
| |
2 Bed
|
1 Bath
|
864 ft²
|
$75,000
2 Bed
1 Bath
864 ft²
|
-
-
|
-
|
|
09/29/2015
|
2 Bed
|
1 Bath
|
864 ft²
|
$69,900
2 Bed
1 Bath
864 ft²
|
$55,000
-21.32%
12/21/2015
|
Elias Thomas
Exit Key Real Estate
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017