230 Mill Road #3
About This Property
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 11, 2021 | Sold | ||
| Sold | |||
| Mar 19, 2020 | Listed by KW Coastal and Lakes & Mountains Realty | $817,000 | |
| Listed by KW Coastal and Lakes & Mountains Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
08/19/2020
|
3 Bed
|
3 Bath
|
2137 ft²
|
$792,874
3 Bed
3 Bath
2137 ft²
|
$792,874
06/25/2021
|
Travis Billingham
Compass New England, LLC
| |
|
01/13/2020
|
3 Bed
|
3 Bath
|
1985 ft²
|
$684,950
3 Bed
3 Bath
1985 ft²
|
-
-
|
-
| |
|
01/09/2020
|
3 Bed
|
2 Bath
|
2032 ft²
|
$699,950
3 Bed
2 Bath
2032 ft²
|
-
-
|
-
| |
|
03/19/2020
|
3 Bed
|
2 Bath
|
2163 ft²
|
$817,000
3 Bed
2 Bath
2163 ft²
|
$817,000
08/11/2021
|
Travis Billingham
Compass New England, LLC
| |
|
03/19/2020
|
3 Bed
|
3 Bath
|
2050 ft²
|
$675,900
3 Bed
3 Bath
2050 ft²
|
-
-
|
-
| |
|
03/19/2020
|
3 Bed
|
3 Bath
|
2408 ft²
|
$744,900
3 Bed
3 Bath
2408 ft²
|
-
-
|
-
| |
|
01/13/2020
|
4 Bed
|
3 Bath
|
2536 ft²
|
$759,950
4 Bed
3 Bath
2536 ft²
|
-
-
|
-
| |
|
02/09/2019
| |
Loft
|
-
|
-
|
$895,000
Loft
-
|
$850,000
-5.03%
06/27/2019
|
Kristen Russell
Russell Associates Inc.
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017