2 Mills Point #2
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 |
|---|---|---|---|
| Sep 15, 2017 | Sold | ||
| Sold | |||
| Jul 4, 2017 | Listed by Coldwell Banker Realty - Lynnfield | $562,000 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
| Apr 22, 2010 | Sold | ||
| Sold | |||
| Sep 20, 2009 | Listed by Coldwell Banker Realty - Lynnfield | $499,900 | |
| Listed by Coldwell Banker Realty - Lynnfield | |||
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Elegantly decorated Hamilton unit features gorgeous hardwood floors, eat in kitchen w/ granite & addt'l china display cabinet, formal dining room, fireplace living room leading to extra long deck. 1st floor master suite w/ brand new master bath, lg. walk in shower w/ bench seat, slider to deck. Unfinished lower level walks out to complete privacy. Very close to Clubhouse w/indoor/outdoor pools, fitness center, saunas,library, tennis courts & victory garden for vegetable planting.
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Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
07/04/2017
|
3 Bed
|
3 Bath
|
2493 ft²
|
$562,000
3 Bed
3 Bath
2493 ft²
|
$563,500
+0.27%
09/15/2017
|
Carol DiCiaccio
Coldwell Banker Realty - Lynnfield
| |
|
09/20/2009
|
3 Bed
|
3 Bath
|
2493 ft²
|
$499,900
3 Bed
3 Bath
2493 ft²
|
$470,000
-5.98%
04/22/2010
|
Carol DiCiaccio
Coldwell Banker Realty - Lynnfield
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017