232 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 |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Feb 2, 2024 | In contract | - | |
| In contract | |||
| Jan 17, 2024 | Relisted | $519,000 | |
| Relisted | |||
| Dec 5, 2023 | In contract | - | |
| In contract | |||
| Nov 15, 2023 | Listed by Compass | $519,000 | |
| Listed by Compass | |||
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Back on market due to buyer financing! Second chance to get into a property in Mansfield at this price point with beautiful curb appeal, tons of upgrades, on a large lot (0.76 Ac.) abutting conservation land for ample backyard privacy! This charming raised ranch has a freshly painted interior and exterior, brand new asphalt shingle roof, refinished espresso stained hardwood floors, just recently tied into town sewer, updated electrical, new quartz counters and new stainless steel appliances. As well as, young oil tank (2017). Bonus features in this property include three season screened in deck, lower level includes two bonus rooms and half bath conveniently located on the lower level right off of the garage and potential future fourth bedroom. Conveniently located between Providence and Boston and easy commuter town from Mansfield Station commuter rail. Enjoy low electric bills with Mansfield municipal electric too.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017