22 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 |
|---|---|---|---|
| May 17, 2024 | Sold | ||
| Sold | |||
| Mar 29, 2024 | In contract | - | |
| In contract | |||
| Feb 23, 2024 | Relisted | $95,000 | |
| Relisted | |||
| Feb 15, 2024 | In contract | - | |
| In contract | |||
| Dec 10, 2023 | Listed by Howard Hanna WNY Inc. | $95,000 | |
| Listed by Howard Hanna WNY Inc. | |||
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A blank canvas for you to make your own. The home has updated plumbing and electric. Walls are stripped and ready for your design. Paint, wallpaper, whatever you desire, make it your own. The two full bathrooms are almost complete with tile flooring and shower, vanity with sinks. Your choice of first floor or second floor laundry. All plumbing is in place for both. Seller was originally going to do first floor studio apt. but never finished. Two extra rooms off downstairs bath give you many options. Plumbing in place for a wet bar if you desire. There is a concrete pad in back yard for you to build a two-car garage.
Hot water on demand, forced air heat, and 10X10 storage shed in back yard.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017