229 Mill St
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 |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Mar 30, 2026 | In contract | - | |
| In contract | |||
| Mar 12, 2026 | Price Decreased |
$645,000
↓ $10K
(1.5%) | |
| Price Decreased | |||
| Dec 4, 2025 | Price Decreased |
$655,000
↓ $25K
(3.7%) | |
| Price Decreased | |||
| Oct 23, 2025 | Listed by Conway - Walpole | $680,000 | |
| Listed by Conway - Walpole | |||
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Nestled in the heart of Randolph and minutes to Randolph center, commuter rail service and Braintree. The living room, designed for both relaxation and entertainment, features a wood fireplace, creating a warm and inviting atmosphere for gatherings or quiet evenings. Imagine the comfort and joy this space will bring, especially during the cooler months, as the fire crackles and casts a gentle glow throughout the room. The kitchen is equipped with stone countertops and a backsplash, updated appliances and freshly painted interior. Beyond the main residence, a shed provides additional storage, while the woods view brings nature to your doorstep, creating a peaceful backdrop for daily life. Updates include newer roof, heating system and more.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017