16 Millers Way #B
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 |
|---|---|---|---|
| Mar 14, 2019 | Sold | ||
| Sold | |||
| Jan 9, 2019 | Listed by ERA Key Realty Services | $274,999 | |
| Listed by ERA Key Realty Services | |||
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This is NOT your ordinary townhouse... and I promise you'll agree. The main living area has vaulted ceilings so high you could play basketball. Got Snow?... You won't have to worry about shoveling it, or even cleaning off the cars.... just hit the button, open your brand new garage door, and pull right out. You won't have to worry about fighting over bathrooms either... this home has three full baths and another half bath. Do you own window air conditioners? ... get rid of them ... central air is better. Do you own a vacuum?.... get rid of it... central vac is easier. Do you need more closet space?... you'll need more clothes now... there's ton's of closet space. The finished basement has it's own full bath, walkout slider, and offers unlimited uses. This sweet townhouse is available immediately, and is incredibly easy to see.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/15/2022
|
2 Bed
|
3 Bath
|
2200 ft²
|
$425,000
2 Bed
3 Bath
2200 ft²
|
$410,757
-3.35%
11/10/2022
|
Michael Foster
Ernest W Foster, JR
| |
|
01/09/2019
|
2 Bed
|
3 Bath
|
1448 ft²
|
$274,999
2 Bed
3 Bath
1448 ft²
|
$273,000
-0.73%
03/14/2019
|
Andy Faria
Northeast Properties
| |
|
01/10/2007
|
2 Bed
|
3 Bath
|
1460 ft²
|
$274,900
2 Bed
3 Bath
1460 ft²
|
$270,000
-1.78%
04/24/2007
|
Christine Bonaventura
VanderZicht Real Estate, Inc.
| |
|
03/23/1998
|
2 Bed
|
2 Bath
|
1195 ft²
|
$134,900
2 Bed
2 Bath
1195 ft²
|
$142,215
+5.42%
08/25/1998
|
Judith Hewetson
Prudential Prime Properties
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017