2624 Mill Creek
About This Property
Set on nearly a quarter-acre, this 3-bedroom, 2-bath home offers a gated property with an electric gate and an expansive yard with room for pets to roam, play, and enjoy the outdoors against a stunning scenic backdrop.
Inside, the home has been thoughtfully updated with a brand-new kitchen featuring premium appliances, redesigned bathrooms, upgraded flooring, fresh interior paint, a bright open-concept layout, a new high-efficiency HVAC system, New hot water heater, and dual-pane tinted windows for added comfort and efficiency.
Peaceful, move-in ready, and centered around those incredible dam views, this property offers a rare blend of updated living, outdoor space, and a setting that feels tucked away-yet remains close to everything Mentone has to offer, including local vegetable stands, A&W Drive-In, and quaint country living just minutes from the city.
Many photos are AI enhanced, virtually staged. including furniture and furnishings lighting for demonstration purposes in compliance with AB723.
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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 |
|---|---|---|---|
| Jun 9, 2026 | Sold | ||
| Sold | |||
| May 21, 2026 | In contract | - | |
| In contract | |||
| May 1, 2026 | Listed by MATRIX ESTATE GROUP | $499,500 | |
| Listed by MATRIX ESTATE GROUP | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017