2 - 4 Mill Street
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 |
|---|---|---|---|
| Dec 1, 2009 | Sold | ||
| Sold | |||
| May 20, 2009 | Listed by Centurion Real Estate | $950,000 | |
| Listed by Centurion Real Estate | |||
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MAJOR PRICE REDUCTION-ALL OFFERS TO BE CONSIDERED - Magnificent estate setting situated on 2.75 acres*Horse lovers take note!*Multiple outbuildings on property*Property to be sold "AS IS" condition*Currently assessed at over $1.6m*Surrounded by multi million dollar homes*Build your dream home on this impressive piece of land in the heart of Dover*BRING YOUR VISION AND IMAGINATION AND YOU WON'T BE DISAPPOINTED-ALL OFFERS TO BE CONSIDERED!
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