16 Millstone Drive
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 |
|---|---|---|---|
| Feb 13, 2024 | Sold | ||
| Sold | |||
| Aug 31, 2023 | Listed by DUVALTEAM Real Estate | $899,900 | |
| Listed by DUVALTEAM Real Estate | |||
| | |||
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Beautifully appointed, new construction home in an established neighborhood with tree lined streets. 4 bd, 2.5 baths, gorgeous kitchen with stainless steel appl, granite and island; 2nd floor laundry, walk-in pantry, vaulted ceilings, shadow box molding, hardwood floors, tile, 3-car attached garage, ready-to-finish walk-out basement with daylight windows and sliders would be great for lower level family room and home gym or inlaw space; 2 zone FHA/AC, front porch, deck, stunning primary ensuite. Millrace subdivision is close to major highways and close by to walking/biking trail that goes from Stickney Hill Rd to the Concord Audubon Society on Silk Farm Rd, Millrace is convenient to Turkey Pond for fishing, kayak/canoes.
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| May 31, 2023 | Sold | ||
| Sold | |||
| Apr 24, 2023 | Listed by DUVALTEAM Real Estate | $159,900 | |
| Listed by DUVALTEAM Real Estate | |||
| Sep 3, 1996 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017