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261 MILL LANE W
About This Property
Inside, you'll find custom hardwood flooring, neutral decor, and quality finishes throughout. The kitchen offers custom cabinetry, under-cabinet lighting, soft-close drawers, granite countertops, and stainless steel appliances. The family room features a cozy wood-burning stove, creating the perfect space to relax and gather.
The primary suite includes two walk-in closets and a beautifully updated bath with double sinks, an oversized stand-in shower, a separate soaking tub, and a private toilet area. A spacious loft above the garage offers flexible space that can be used as an office, storage area, or creative space.
The fully finished basement adds even more room to spread out and includes a huge game room, full bathroom, and laundry area for added convenience. Additional highlights include an oversized enclosed sunroom and an owned, fully paid-off solar system for added efficiency and value.
This is a wonderful opportunity to own a move-in ready home in a peaceful, private setting.
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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 |
|---|---|---|---|
| Jun 29, 2026 | Sold | ||
| Sold | |||
| May 24, 2026 | In contract | - | |
| In contract | |||
| Apr 10, 2026 | Listed by ERA Central Realty Group - Bordentown | $650,000 | |
| Listed by ERA Central Realty Group - Bordentown | |||
| May 17, 2019 | Sold | ||
| Sold | |||
| Mar 3, 2019 | Listed by Connection Realtors | $374,900 | |
| Listed by Connection Realtors | |||
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The beautiful home is sitting on a large private lot with a wooded setting. The home has a nicely manicured yard which is fenced in. The home is sitting off the road way with a private driveway that leads you to a large two car garage. Once you go to enter the home you will see attention to detail with trex decking and vinyl hand rails as you walk up the steps. Upon entering the home you will see custom hardwood flooring throughout the house with neutral decor. The kitchen has custom cabinets with under mount lighting and soft close draws. The owner put high end touches with an under mount oven with granite counter tops and stainless steel appliances. The home has upgrades throughout the entire house with a beautiful master bathroom with a glass enclosed shower with jack and jill sinks and private toilet area. The bathroom is amazing with a separate tub area too. The master bedroom has large walking closets and a separate zone for heating and air conditioning. There is ample amount of room for storage with a large loft above the garage with easy access to the main house. The sunroom is located off the kitchen with roll downs and electric for outdoor entertaining. There is also a full basement with a huge game room. The back yard is well maintained with an above ground pool and a private back yard. This home shows owners pride and features some amazing upgrades even down to a GE generator so the home never loses power. Yes you don't want to miss out on this awesome house...
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017