16 Millers Way #D
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 |
|---|---|---|---|
| Apr 24, 2007 | Sold | ||
| Sold | |||
| Jan 10, 2007 | Listed by ERA Key Realty Services- Spenc | $274,900 | |
| Listed by ERA Key Realty Services- Spenc | |||
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