237 N Mill Road #3
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%.
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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 |
|---|---|---|---|
| Mar 17, 2023 | Sold | ||
| Sold | |||
| Feb 11, 2023 | Listed by Magnum Realty | $219,000 | |
| Listed by Magnum Realty | |||
| | |||
|
Completely redone condo. First floor 2 bedroom, 2 bath with a private entrance, 2 parking spaces 1car garage,1 space. Large, open, green area off living room and dining room New quartz countertops, new sink, new stainless steal appliances, New tiled bath, new waterproof hardwood floors though-out. Close to schools, stores and dining. Enjoy your nice, quiet space hidden among all of your necessities. Handicap accessible. The best unit in this well maintained and secured building. A total renovation with new Flooring, fresh paint, brand new stainless steel appliances, and intercom system. Easy access 1st floor unit with a private patio . Immaculate and spacious unit with an airy layout equipped with in unit washer and dryer. Lovely master suite and a hall bath. Large, open, green area next to the building for your enjoyment. One car garage included plus one assigned parking space. Close to everything - parks, library, school, shopping, and major expressways. Adjacent to the Mill Creek subdivision where new houses are sold at upper $400K to low $500K range. Handicap accessible. Rentals are permitted. This is a must see!!
| |||
| Aug 11, 2021 | Sold | ||
| Sold | |||
| Jun 25, 2021 | Listed by Berkshire Hathaway HomeServices Chicago | $197,995 | |
| Listed by Berkshire Hathaway HomeServices Chicago | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/13/2025
|
2 Bed
|
2 Bath
|
1283 ft²
|
$249,500
2 Bed
2 Bath
1283 ft²
|
$238,000
-4.61%
08/19/2025
|
June Ahn
Baird & Warner
| |
|
05/02/2023
|
2 Bed
|
2 Bath
|
1250 ft²
|
$204,900
2 Bed
2 Bath
1250 ft²
|
$210,000
+2.49%
06/12/2023
|
Timothy Sotis
RE/MAX All Pro
| |
|
02/11/2023
|
2 Bed
|
2 Bath
|
1250 ft²
|
$219,000
2 Bed
2 Bath
1250 ft²
|
$225,000
+2.74%
03/17/2023
|
Ed Calusinski
Magnum Realty
| |
|
11/06/2021
|
3 Bed
|
2 Bath
|
1280 ft²
|
$209,000
3 Bed
2 Bath
1280 ft²
|
$209,000
01/25/2022
|
Keith Chan
Charles Rutenberg Realty of IL
| |
|
10/08/2021
|
3 Bed
|
2 Bath
|
1500 ft²
|
$198,500
3 Bed
2 Bath
1500 ft²
|
$205,000
+3.27%
12/30/2021
|
Prince Eapen
Achieve Real Estate Group Inc
| |
|
06/25/2021
|
2 Bed
|
2 Bath
|
1250 ft²
|
$197,995
2 Bed
2 Bath
1250 ft²
|
$190,000
-4.04%
08/11/2021
|
Vincent Romano
Berkshire Hathaway HomeServices Chicago
| |
|
02/19/2007
|
2 Bed
|
2 Bath
|
1200 ft²
|
$199,900
2 Bed
2 Bath
1200 ft²
|
$188,000
-5.95%
07/02/2007
|
Kay Kellogg
@properties
| |
|
10/14/2006
|
2 Bed
|
2 Bath
|
1200 ft²
|
$198,000
2 Bed
2 Bath
1200 ft²
|
$195,000
-1.52%
01/10/2007
|
Linda Durec
Sperry CGA - LD Real Estate
| |
|
07/14/2006
|
3 Bed
|
2 Bath
|
1500 ft²
|
$199,900
3 Bed
2 Bath
1500 ft²
|
$197,000
-1.45%
01/07/2007
|
John Gillespie
RE/MAX Action
|
Building Info
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017