231 Old Farm Rd
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 28, 2016 | Sold | ||
| Sold | |||
| Jun 8, 2016 | Listed by Christopher R. Agostino | $995,000 | |
| Listed by Christopher R. Agostino | |||
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Serious opportunity for you to write a new chapter! Located in "Indian Cliffs" Milton's first estate neighborhood which continues to be a premier address within the town limits. Now #231 is a straight ranch that was a breakaway from the traditional two story center entrance Colonial. This custom design offers one level living with graceful style and comfort in mind. The lot is lovely, flat and well landscaped, the neighborhood is so close to some of Miltons finest recreational areas as well as schools and playing fields. We are really wondering who the next owners will be! This could well be the perfect alternative to downsizing and being able to stay right in your neighborhood. Or it could be totally renovated allowing a full new design and layout. This is your chance to create your own dream house in a dreamy location.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017