20 Michael Dr #20
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 |
|---|---|---|---|
| Jul 11, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| Apr 13, 2025 | Relisted | $317,500 | |
| Relisted | |||
| Apr 4, 2025 | In contract | - | |
| In contract | |||
| Mar 27, 2025 | Listed | $325,000 | |
| Listed | |||
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Welcome to Mill Pond Estates!!! Located in a peaceful, highly sought after, wooded, 55+ adult complex. This beautiful 3BR, 2.5BA end-unit condo is a must see. These units do not become available often, and this end unit is special. All appliances remain. Enjoy the convenience of a 1st-floor master suite, a 1-car garage, and a partially finished walkout basement. The 2nd floor features 2 spacious bedrooms and a full bath. Beautiful hardwood floors on the first floor. Relax outdoors on your patio off the kitchen/dining room. Take advantage of the condo living experience and enjoy low-maintenance living. Do not miss this opportunity.
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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 |
|---|---|---|---|---|---|---|---|
|
03/27/2025
|
3 Bed
|
2 Bath
|
1270 ft²
|
$325,000
3 Bed
2 Bath
1270 ft²
|
$320,000
-1.54%
07/11/2025
|
The Optimium Team
eXp Realty LLC - Corporate Office
| |
|
05/04/2023
|
3 Bed
|
3 Bath
|
1270 ft²
|
$317,500
3 Bed
3 Bath
1270 ft²
|
$317,500
06/16/2023
|
Karen King Group
RE/MAX Connections
| |
|
03/19/2019
|
3 Bed
|
3 Bath
|
1272 ft²
|
$225,000
3 Bed
3 Bath
1272 ft²
|
$216,000
-4.00%
06/12/2019
|
Deborah Warner
Berkshire Hathaway Home Service New England Properties
| |
|
10/14/2005
|
3 Bed
|
2 Bath
|
1448 ft²
|
$199,900
3 Bed
2 Bath
1448 ft²
|
$198,900
-0.50%
06/12/2006
|
Kim Landry
Keller Williams - Pioneer Valley
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017