17 Milot Road
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 29, 2013 | Sold | ||
| Sold | |||
| Sep 23, 2011 | Listed by Joanne Souza Real Estate | $188,100 | |
| Listed by Joanne Souza Real Estate | |||
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3.56 Acres of land backing up to Stony Brook. Property would be best suited for a new home. Milot Road runs parallel to railroad but property is across the street from tracks. Depth of lot allows a new home to sit back on the lot far from the road and train tracks. Subject to Third Party Approval. Agent makes no representations as to the subdivideability and Buyer and Buyers Agent to preform due diligence. Property sold as is.
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Address: 335 Madison Avenue, New York, NY 10017