1942 Red Mill Circle
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 |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Aug 29, 2021 | In contract | - | |
| In contract | |||
| Jul 19, 2021 | Listed by Century 21 Masters | $1,799,900 | |
| Listed by Century 21 Masters | |||
| | |||
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Cul-De-Sac Home with TWO HOMES ON ONE LARGE LOT - you're sure to fall in love with this property. The main house consists of 4 bedrooms and 3 full baths and 2,434 SqFt of Living Space. The spacious entry leads to a light and bright living room with a large bay window and gas fireplace. The open floorplan flows into the formal dining room followed by the kitchen and family room. The first level also contains the large master suite and a second full bath. Upstairs you'll find the three bedrooms and one bath, with large closets and large windows for natural light. This home features a separate laundry room on the main floor with lots of storage. You will notice the upgrades throughout with recessed lighting, remodeled kitchen with quartz counters, gas range, updated bathrooms, and so much more! The backyard is perfect for entertaining with its covered patio and large grassy area. The detached ADU (Additional Dwelling Unit), built in 2021, offers 3 bedrooms, 2 baths, 1,217 Sq Ft of Living Space and a 1-car garage. This home features a large island perfect for eating and entertaining, stainless steel appliances, lots of storage, recessed lighting, air conditioning and a separate laundry room. There is 1 full bath downstairs and all bedrooms are upstairs, all equipped with walk in closets. This ADU would be perfect as a rental property or additional living space for extended family. With separate utilities and the ability to section off the backyard space... this home has been perfectly planned and designed! This lot resides on a cul-de-sac with only 2 neighbors. You don't want to miss out on this unique property!
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| Aug 30, 2019 | Sold | ||
| Sold | |||
| Mar 7, 2019 | Listed by The Michael Walsh Realty Group | $998,888 | |
| Listed by The Michael Walsh Realty Group | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017