$485,000
●
House -
Off Market
22 FRONT Street
Millbrook, NY 12545
3 Beds
1 Bath,
4
Half Baths
3,410 Ft²
$551,960
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model
About This Property
4 Unit Village of Millbrook Residential/Commercial mixed use
investment property consisting of 1100 sf leased 3 BR apartment on
2nd floor and 3 commercial spaces on the street. The 2 adjacent 1st
floor retail/ofc spaces offer display windows, high visibility with
plenty of passerby traffic, and beautiful view of Millbrook Tribute
Gardens park to the West. One retail/ofc space is now available for
rent, making it a superb offering for new owner seeking business
space. The cafe attached to the rear of the building is leased and
fully operating. General Business zone. Rare offering in the
village.,FOUNDATION:Stone,ROOF:Rubber,FLOORING:Laminate,Tile,Vinyl,Wood,Level
1 Desc:2 SIDE BY SIDE RETAIL/OFC STOREFRONTS, ADJOINING
CAFE,OTHERROOMS:Accessory Apartment,Cooling:Ceiling Fan,Level 2
Desc:3 BEDROOM, 1 BATH LARGE LEASED APARTMENT W/ WOOD
FLOORS,AMENITIES:Medical Facility,ExteriorFeatures:Outside
Lighting,Heating:Zoned,Below Grnd Sq
Feet:300,InteriorFeatures:Washer Connection,AboveGrade:3110
Additional Information: Amenities:Tennis,
Unit Size
3,410 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$145
Property Type
House
Property Taxes
$1,083
HOA Dues
-
Year Built
1973
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Cap Rate Calculator
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 4 months ago (OneKey MLS #KEYM394325)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 20, 2021 | Sold | ||
| Sold | |||
| Nov 18, 2021 | Sold | ||
| Sold | |||
| Sep 20, 2020 | Listed by JILL DOPPEL REAL ESTATE LLC. ML | $495,000 | |
| Listed by JILL DOPPEL REAL ESTATE LLC. ML | |||
| | |||
|
4 Unit Village of Millbrook Residential/Commercial mixed use investment property consisting of 1100 sf leased 3 BR apartment on 2nd floor and 3 commercial spaces on the street. The 2 adjacent 1st floor retail/ofc spaces offer display windows, high visibility with plenty of passerby traffic, and beautiful view of Millbrook Tribute Gardens park to the West. One retail/ofc space is now available for rent, making it a superb offering for new owner seeking business space. The cafe attached to the rear of the building is leased and fully operating. General Business zone. Rare offering in the village.,FOUNDATION:Stone,ROOF:Rubber,FLOORING:Laminate,Tile,Vinyl,Wood,Level 1 Desc:2 SIDE BY SIDE RETAIL/OFC STOREFRONTS, ADJOINING CAFE,OTHERROOMS:Accessory Apartment,Cooling:Ceiling Fan,Level 2 Desc:3 BEDROOM, 1 BATH LARGE LEASED APARTMENT W/ WOOD FLOORS,AMENITIES:Medical Facility,ExteriorFeatures:Outside Lighting,Heating:Zoned,Below Grnd Sq Feet:300,InteriorFeatures:Washer Connection,AboveGrade:3110
| |||
| Sep 24, 2013 | Listed by GEORGE T. WHALEN REAL ESTATE ML | $1,500 | |
| Listed by GEORGE T. WHALEN REAL ESTATE ML | |||
| | |||
|
TERRIFIC RETAIL STORE FRONT WITH LARGE DISPLAY WINDOWS IN THE LOVELY VILLAGE OF MILLBROOK. RENT INCLUDES HEAT AND HOT WATER. READY FOR OCCUPANCY. SPACE IS ALSO IDEAL FOR AN OFFICE.,ROOF:Rubber,FOUNDATION:Block,OwnerPays:Electric,Number of Restrooms:1,CMFEATURES:Window Display,Current Use:SEE REMARKS
| |||
Property Highlights
Parking Available
With View
Building Info
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